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To: vagabond who wrote (44492)	1/2/2001 9:23:28 AM
From: vagabond	Read Replies (1) of 57584

PPRO shoots-down rumors re VERT acquisition... ================= Tuesday January 2 8:44 AM ET PurchasePro Says It Has No Plans to Buy VerticalNet LAS VEGAS (Reuters) - PurchasePro.com Inc. (NasdaqNM:PPRO - news) said on Tuesday it has no plans to acquire VerticalNet Inc. (NasdaqNM:VERT - news) despite reports that the two business-to-business service providers were in discussions over the matter. The Las Vegas-based PurchasePro.com said it was responding to ``numerous investor and media inquiries'' about its relationship with VerticalNet, which is based in Horsham, Pa. PurchasePro.com shares closed at $17-1/2 on Friday, off significantly from their 52-week high of $82. VerticalNet closed at $6-21/32, off from their lofty year-high of $148-3/8.

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