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Strategies & Market Trends : Tragically Hip Koolaid Stand

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To: Lost1 who started this subject	11/27/2000 7:47:55 AM
From: Lost1	Read Replies (1) of 604

CMRC news NEW YORK (CBS.MW) - Shares of Commerce One rose in pre-market trading Monday after it announced it would power a new e-marketplace in Korea. Commerce One (CMRC: news, msgs) jumped $4.25, or 11 percent, to $43.50 in Instinet. GTWeb Korea, which will allow businesses real-time buying and selling capabilities, is a joint venture between Commerce One and some of the largest conglomerates in Korea including LG Electronics, Hyundai Automotive and Kumho Group. The B2B venture will initially focus on indirect goods but plans to expand into industrial sectors specializing in the chemical, automotive, medical and electronics industries www2.marketwatch.com

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