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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium -- Ignore unavailable to you. Want to Upgrade?

To: Lone Star who wrote (53533)	12/29/1999 6:20:00 PM
From: johnsto1	Respond to of 108040

TIER...the only reason it backed off was because B2B was flat with CMRC & ARBA taking a break or it would have blown through 15.News. NEWS Shares Of Tier Technology Jump On Internet Chatter 12/29/1999 Dow Jones On Line (Copyright © 1999 Dow Jones & Company, Inc.) PALO ALTO, Calif. -(Dow Jones)- Tier Technologies Inc. shares streaked higher Wednesday on very heavy volume Wednesday as Internet message-board participants focused on the company as a business-to-business electronic commerce play. Shares of Tier (TIER), a Walnut Creek, Calif.-based technology consultant, rose $1.063 or 13%, to close at $8.938. Shortly before noon, the stock peaked at $13.875. Analyst Laura Browder of A.G. Edwards & Sons Inc. said the stock price got a boost from message-board buzz about its work on business-to-business e-commerce projects, especially some for Ariba Inc. (ARBA). "I think it's people identifying Tier with Ariba because of their strategic alliance," she said. Ariba is a money-losing business-to-business electronic commerce solutions provider but its 52-week high is $211, set Tuesday and up from its June 24 initial public offering price of $23. The stock has benefited from the market's recent infatuation with companies identified with building the capacity to do business-to-business e-commerce. A Tier spokesman said Wednesday's run-up was started by a message posted on a Yahoo message board before the market opened Wednesday that identified Tier as a systems integrator for Ariba. Shortly after the market opened, another message asked why there hadn't been a press release about the relationship between Tier and Ariba. In fact, the spokesman said, Tier has had a relationship with Ariba for more than two years. Tier is one of 10 systems integrators identified as Ariba partners in its annual report filed with the Securities and Exchange Commission last week, and one of 15 listed on its Web site. Over a year ago a press release from Ariba named Tier as a participant in its integrator program. Still, message-board participants seized upon that relationship and began "spreading it from one board to another," Browder said. Copyright (c) 1999 Dow Jones & Company, Inc. All Rights Reserved. -------------------------------------------------------------------------------- ARBA TIER I/ICS I/SOF I/SVC N/DJN N/DJS N/DJWI N/MMM N/STK M/IDU M/TEC M/NND R/CA R/NME R/PRM R/US R/USW

To: Lone Star who wrote (53533)	12/29/1999 10:53:00 PM
From: BarbaraT	Read Replies (2) \| Respond to of 108040

No, Lone ... missed it. My screen doesn't hold Amex stocks so couldn't follow it and didn't have enough cash in account -- hate to go on margin -- and I wanted to buy back a little AKAM which I did, (only 50 shares) but it used up all my cash and put me a bit over. Couldn't believe when I saw IDC at the close. Thanks for the alert -- can't get them all, hopefully next time. Hope it opens at 100 for you tomorrow. Glad you are doing well with it. Congratulations!!