Piffer OT - And Other Assorted Nuts Message Board

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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts

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To: Junkyardawg who wrote (45203)	7/12/2000 8:44:20 PM
From: John Pitera	Read Replies (2) of 63513

Ariba (ARBA) 103 1/2 +12 3/8: B2B leader reports Q3 loss of $0.05, $0.03 better than the First Call mean and at the high end of the whisper range; revenues of $80.7 mln blew away official estimates of about $50 mln and whispers in the $60 mln area; see press release. Ariba (ARBA) 103 1/2 +12 3/8: -- Update -- On the conference call, company reports that deferred revenues soared to $154 mln from $85 mln in the prior quarter, pointing to great revenue visibility going forward. Stock has added 11 to 114 1/2 after hours after its 12 point gain during the day. Ariba (ARBA) 103 1/2 +12 3/8: -- Update -- Conference call just concluded; a very upbeat call that was perhaps best summed up by this comment from Chuck Phillips of Morgan Stanley Dean Witter: "there's upside and then there's upside" -- ARBA now trading at 115 1/2, up 12 from the day session close.

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