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Technology Stocks : Amazon.com, Inc. (AMZN)

AMZN 224.53

+1.8%

11:38 AM EST

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To: Glenn D. Rudolph who wrote (118907)	3/5/2001 9:45:47 PM
From: Gary Korn	of 164684

I think some on this thread might follow (or once have followed) ARBA. If so, here is an article from the March 19 Forbes: "B to Blah" "Ariba provides busines-to-business infrastructure -- software and the like -- which lately is a gaunt business model. Especially after Dell Computer shut down its Ariba-powered online marketplace in February because it drew little interest. "For 2000 Ariba posted a net loss of $800 million on revenue of $280 million. Shares have dropped 91% in the past year to a recent $17. But Ariba is far from a bottom, says David Hines, president of Avalon Research Group. "Why? The company practically pays customers to use its systems, issuing millions of stock warrants as come-ons, says Hines. Bye-bye to that gimmick: With the stock tumbling, the warrants have less appeal than in the Web's Wall Street heyday. Plus, Ariba is having trouble collecting bills. In February, it disclosed $27 million in doubtful accounts receivable, a huge 18% of the $120 million now due. Short the stock; cover at $5."

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