DWEB 3s- PPRO's B2B Partner
Purchase Pro PPRO rocketing +15, trading 56s on news that its CEO recently bought shares- more likely traders are looking for other ecommerce companies developing business to business inroads in the Commerce One mold. CMRC continues to rocket trading as high as 224 from 162 on Friday
One smaller company that may get some attention if PPRO continues on its tear is its b2b partner Dynamic Web DWEB. Just yesterday DWEB reported a new high water mark for its b2b buisness- "DynamicWeb Surpasses 100,000 B-to-B Web Transactions Milestone in Quarter Ending September 30, 1999 DynamicWeb's EDIxchangeBuy Application Service Enables 6 NYSE Firms to Electronically Transact Business with Nearly 1200 Small / Medium Suppliers
FAIRFIELD, N.J., Nov. 1 /PRNewswire/ -- DynamicWeb(TM) Enterprises, Inc. (OTC Bulletin Board: DWEB - news), an Internet business-to-business E-commerce enabler, announced today that the number of transactions processed through its EDIxchangeBuy(TM) application service has surpassed a milestone by exceeding 100,000 in the quarter ended September 30, 1999. Among the major buying organizations that are DynamicWeb clients utilizing EDIxchangeBuy to electronically transact business with their suppliers include: GTE Supply, Linens 'N Things, Rite Aid Corporation, Service Merchandise, and Southern New England Telephone. ''Our challenge now, is to continue to drive volume into our system. A cornerstone of our strategy to drive volume through our EDIxchangeBuy application service, is to continue to forge alliances with distribution partners like PurchasePro.com (Nasdaq: PPRO - news) which allows PurchasePro.com's sales force to offer our products. We are engaging in additional discussions with other, complimentary business-to-business electronic commerce enablers to provide for further expansion of our sales and marketing capacity.'' DWEB trading 3s biz.yahoo.com biz.yahoo.com |