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

To: Lizzie Tudor who wrote (505)	11/15/1999 10:11:00 PM
From: Patsy Collins	Respond to of 2110

These guys runs the company like Chambers and his team run CSCO. Individually, not a single guy impresses me on the management commitee, but as a whole, they are cohesive and that, Liz, could mean the difference between a CSCO and a WFLT. And yes! They are involved in what others are in. I foresee some big news/announcements before year end! Patsy

To: Lizzie Tudor who wrote (505)	11/16/1999 9:42:00 AM
From: William F. Wager, Jr.	Respond to of 2110

Ariba Seeks to Widen Services With TradingDynamics Purchase By a WALL STREET JOURNAL Staff Reporter SUNNYVALE, Calif. -- Ariba Inc., which helps big companies manage their Internet purchases, announced plans to acquire closely held TradingDynamics Inc., which creates software for business-to-business Internet trading, for $400 million in Ariba stock. The deal is expected to close in the first quarter. The acquisition is the first for Ariba, which has a market capitalization of $9.5 billion. Company officials said the deal will allow Ariba to add electronic-commerce products and services for business-to-business exchanges such as auctions, request for quotes and reverse auctions. TradingDynamics, of Mountain View, Calif., was founded in 1998 to develop software that creates a platform where multiple buyers and sellers can conduct online deals, said Kirk Cruikshank, the company's president and chief executive. "This expands our strategy," said Keith Krach, Ariba's president and chief executive. "It's a very strong fit for us." TradingDynamics has six customers and 50 employees who will be merged into Ariba's operations. Mr. Cruikshank will remain part of the Ariba management team and report to Mr. Krach. Varda Lief, a senior analyst at Forrester Research in Cambridge, Mass., said analysts expect explosive growth in Ariba's market. "By 2003, we expect e-commerce in the U.S. to reach $1.3 trillion in hard goods, that's business-to-business, and $220 billion is services, things like travel and janitorial services." At 4 p.m. Monday in Nasdaq Stock Market trading, Ariba rose $13.375, or 6.8%, to $210.

To: Lizzie Tudor who wrote (505)	11/16/1999 11:18:00 AM
From: Lizzie Tudor	Read Replies (1) \| Respond to of 2110

FYI (somewhat related)... here is a post from psft thread last night with a WSJ article where a VC(Gurley) was talking about outsourced, transaction based software. We brought it up a few months ago while trying to figure out what was wrong with peoplesoft. It appears that everybody now understands that outsourced software for almost every (transaction-based) space is the way to go... software installed in-house is an inferior option.... www2.techstocks.com BTW I have no idea what I didn't like at that time about the C1 revenue model, I don't think C1 was public at the time so maybe I hadn't reviewed it completely. C1 has the best model in the biz, now it seems. I guess the term is "service based" not transaction based. I see Steve Harmon using that. OK need to use the right sound bytes.