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To: Susan G who wrote (61537)9/16/1999 5:07:00 AM
From: puborectalis  Respond to of 120523
 
DON"T FORGET AGILE!........

Commerce One keeps
dreaming of eBay

By Vanessa Richardson
Redherring.com
September 14, 1999

Even in these days of ultra-hype, Commerce One's
(Nasdaq: CMRC) press alert predicting its new
service would "promote the largest mass adoption of
automated online purchasing to date" seems like
overkill.

Commerce One, based in Walnut
Creek, California, is a major
player in the fast-growing
business-to-business
electronic-commerce market,
linking companies worldwide to
buy and sell everything from
coffee cups to PCs. Think of it as
an eBay (Nasdaq: EBAY) for
corporate supplies. The market is
huge.

Commerce One and its competitors Ariba (Nasdaq:
ARBA) and Concur Technologies (Nasdaq: CNQR)
install corporate-procurement software for fees ranging
from $500,000 to $4 million. Commerce One's
MarketSite.net auction site, which vies with sites from
Ariba and VerticalNet (Nasdaq: VERT), essentially
offers online catalogs to corporations.

Market research firm IDC
predicts that B2B e-commerce
will rocket over the next five
years to $1.38 trillion from $30
million last year. "Everyone hears
about eBay's exploding stock
price, but the corporate market
has far more potential than the
customer market," says
Hambrecht & Quist (NYSE: HQ)
analyst Ian Morton.



To: Susan G who wrote (61537)9/16/1999 5:18:00 AM
From: puborectalis  Read Replies (1) | Respond to of 120523
 
and PPRO!........Pointing to PurchasePro.com's successful IPO earlier in the week, Keenan said that the
market is starting to realize the potential of the business-to-business e-commerce market.

"When you think about creating a new exchange for a trillion dollar industry like chemicals,
you get kind of excited," Keenan said. "If you just get a small percentage of those
payments you will make more profits than even eBay has ever dreamed of."