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Strategies & Market Trends : John Pitera's Market Laboratory

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To: ajtj99 who wrote (10373)10/24/2008 1:58:49 AM
From: John Pitera  Read Replies (1) of 33421
 
Unfortunately, I remember B2B company Ariba... all to well... an even more sore spot is it's "compadre in theft".... CMRC... the Notorious Commerce One. They where the two biggest darlings of the B2B plague.

I actually have brokerage staments where I sold CMRC north of 130 on a pre/split 10 for one basis... back in 2000. I mean we were getting 1300 a share for these shares, and I was under tremendous presure to turn around and buy them back, by the prime directors of the account. A really tempestous experience.

John
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