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Technology Stocks : FreeMarkets Inc-(FMKT)

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To: Artslaw who wrote (201)	1/19/2000 9:26:00 AM
From: SteveG	Read Replies (1) of 414

<A> B2B values could hit $2 trillion At Thomas Weisel conference B2Bs tell their stories cbs.marketwatch.com "...FreeMarkets (FMKT: news, msgs) said it saved its client, United Technologies, 42 percent off the costs of buying goods. FreeMarkets is a reverse-auction site that allows companies to put out an order for direct materials, like printed circuit boards, plastic labels, and rock salt and have sellers bid on that business. FreeMarkets is offering its reverse-auction solution across different industries -- the horizontal approach. Eventually, by moving into new industries, it hopes to gain expertise in that one specific area, or vertical...."

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