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


To: William F. Wager, Jr. who wrote (493)11/10/1999 8:33:00 PM
From: Lizzie Tudor  Read Replies (1) | Respond to of 2110
 
Looks like an old PR... GM buys every software product btw, so selling into GM in and of itself isn't much. Ariba probably sold their purchasing package to office supplies procurement or something. I would have never bought any of these stocks (cmrc, arba etc.) if all they could do was office supplies, paper clips etc. I must say I'm surprised that arba was already in there at GM and Commerce was able to upstage them like that - must have been a visit from Hoffman or maybe his old contacts from his Sybase days.

iplement the Ariba Operating Resource Management SystemTM (Ariba ORMSTM ) to reduce corporate spending and improve delivery times on IT goods and services. GM, the world's largest auto maker, will deploy the intranet-based Ariba system first in North America and eventually globally.

Ariba ORMS is an integrated suite of applications that connects buyers to suppliers and provides a solution for the acquisition and management of non-production goods and services,