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To: Mohan Marette who wrote (132477)	6/11/1999 9:23:00 PM
From: stockman_scott	Read Replies (1) \| Respond to of 176387

~OT~ Mohan...Another Firm to Watch is Ariba.com...A pioneer in the business to business e-commerce area. They focus on the MRO purchasing marketplace. Benchmark Capital -- The VC Firm behind AOL, eBay, Rambus, E-Loan and PlanetRx -- is the early backer of Ariba. It will be a HOT IPO IMO. This company already has great management and clients like Cisco and Merck. It looks like Morgan Stanley will be the lead underwriter for an IPO in the next few months. Stay tuned. Best Regards, Scott ----------------------------------------------------------- ** For more info. go to ariba.com

To: Mohan Marette who wrote (132477)	6/11/1999 9:33:00 PM
From: stockman_scott	Respond to of 176387

~OT~ Mohan: A little More Info. From the Ariba.com Prospectus...FYI... <<Ariba is pioneering the use of intranets and the Internet to automate the procurement and management of operating resources. Our Operating Resource Management System, Ariba ORMS, enables organizations to automate the procurement cycle within their intranets, lowering the costs associated with operating resources. Our recently launched Ariba.com network is a global business-to-business electronic commerce network for operating resources that enables buyers and suppliers to automate transactions on the Internet. Together, Ariba ORMS and Ariba.com combine intranet-based network applications with an Internet-based network to create a business-to-business electronic commerce solution for operating resources that benefits both buyers and suppliers. Since we began marketing Ariba ORMS in March 1997, it has been licensed by large, multinational industry leaders and public sector organizations including Chevron, Cisco Systems, FedEx, Hewlett-Packard, Philips, U S WEST and Visa. Our objective is to create the leading Internet-based business-to-business electronic commerce network for operating resources. Our strategy to achieve this objective is to take advantage of the buying power of a large multinational customer base to attract leading operating resource suppliers to our Ariba.com network. We believe a growing number of suppliers in our Ariba.com network will in turn draw more buyers to our network. We also believe this growth cycle will help create a network effect, where the value to each participant in the network increases with the addition of each new participant, increasing the overall value of our Ariba solution.--from the June 1 S-1/A>>