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Technology Stocks : Ariba Technologies (Nasdaq-ARBA)

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To: srilanka who wrote (466)	10/29/1999 9:28:00 PM
From: William F. Wager, Jr.	Read Replies (2) of 2110

Ariba CEO, CFO Register To Sell Total 210,000 Shrs WASHINGTON (Dow Jones)--Two Ariba Inc. (ARBA) insiders registered to sell a total of 210,000 shares of the company's common stock, according to Form 144s released Friday by the Securities and Exchange Commission. A Form 144 indicates an intention to sell restricted stock. The filing of a Form 144 opens the door for an individual to sell the shares but does not definitively indicate when the actual sale of the shares will occur, has occurred, or whether it will occur at all. Chief Financial Officer Edward Kinsey intended to sell 110,000 shares on Oct. 22 on the over-the-counter market. Morgan Stanley was listed as the broker for the transaction. President and Chief Executive Keith Krach intended to sell 100,000 common shares on Oct. 22 on the over-the-counter market. Morgan Stanley was listed as the broker for the transaction. Based in Sunnyvale, Calif., Ariba makes operating resource management products to help companies track and manage supply purchases via the Internet and intranets. --Bill

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