Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: j.j. jingleheimerschmidt who wrote (633)	12/17/1999 4:43:00 PM
From: Patsy Collins	Read Replies (2) \| Respond to of 2110

And this came after the close: Story 1 / 20: 99 <GO> for list of story options. Equity C N Page 1 / 3 BN EDS to Invest $1.5 Bln in Online Commerce Companies (Update2) Dec 17 1999 16:29 EDS to Invest $1.5 Bln in Online Commerce Companies (Update2) (Updates with closing share price.) Plano, Texas, Dec. 17 (Bloomberg) -- Electronic Data Systems Corp., the second-largest U.S. computer services company, said it's forming a $1.5 billion fund that will invest in Internet- based companies during the next five years. The fund, EDS-A.T. Kearney Ventures, will invest mainly in EDS's consulting clients and partners, focusing on companies that arrange the sales of goods and services between businesses. A.T. Kearney is EDS's management-consulting unit. EDS, based in Plano, Texas, said the fund's first investments will be in a new company called EDS CoNext, an online supplier of goods and services to businesses, and Tradex Technologies Inc., which sets up online sales networks for companies. Ariba Inc. yesterday agreed to buy Tradex for about $1.97 billion in stock. Scient Corp., Viant Corp. and other computer consultants are investing in startups with plans to eventually spin them off, SG Cowen analyst Moshe Katri said. EDS shares fell 4 11/16 to 59 3/8 on the New York Stock