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Technology Stocks : Ariba Technologies (Nasdaq-ARBA) -- Ignore unavailable to you. Want to Upgrade?


To: Frederick Langford who wrote (158)6/27/1999 5:19:00 PM
From: Punko  Read Replies (1) | Respond to of 2110
 
Ariba sure looks strong, but after looking at a few comparable hot IPOs, I can't justify a $3BB Mkt Cap. Using round numbers for the sake of a quick and dirty analysis, here are some lows after IPOs for some pretty successful companies:

SEBL .75B
ITWO 1B
EBAY 2B
AMZN 0.75B
BCST 0.75B

Based on this, Ariba could reasonably see between 1B (~$25/sh) and 2B(~$50/sh) over the next 3 months.

BWDIK.