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Technology Stocks : CLRS Company Status/Future -- Ignore unavailable to you. Want to Upgrade?

To: Original Mad Dog who wrote (97)	2/9/2000 7:38:00 AM
From: Mao II	Respond to of 128

Thread: Here is Solly rating (pulled from Yahoo). Looks good! M2 CLRS: Initiate Coverage with 1S Rating Analyst Kaushik Shridharani Date 02/08/2000 Industry Internet Company Clarus Corporation --SUMMARY:--Clarus Corporation--Internet * We are initiating coverage on Clarus Corp.(CLRS) with a Buy recommendation and a 1-year target price of $100-$125. * CLRS is a premier player in the fast growing e-procurement software arena which facilitates purchases of maintenance-repair-operations (MRO) goods over the Internet. * CLRS has displayed strong customer growth relative to their current capacity constraints. We believe the company has created a unique pricing model that targets the small and mid-sized market and challenges its main competitors for larger enterprises. * The company recently announced strong 4Q99 results with q-o-q revenue growth of 170%. Our estimated 2000 and 2001 YOY revenue growth rates are 206% and 141%. Presently, we expect the company to break even in 2002. messages.yahoo.com

To: Original Mad Dog who wrote (97)	2/10/2000 8:33:00 PM
From: RDR	Read Replies (1) \| Respond to of 128

The news is true and there is a lot of expectation and based on some hints from the companies previous PR releases, folks expect some announcement from MSFT to confirm their alliance with CLRS early next week. Given the low float and strong growth.. this should soon join the CMRC and ARBA. Noticed the report from Salmon Smith Barney compared CLRS with CMRC and ARBA no mention of VERT in that report. I was surprised to see the reaction of investor after CLRS beat the rev and earnings forecast big time and stock fell. Wait and watch. interesting spread between BID and ASK.Hmmmmm Here is the news release... RESEARCH ALERT - Salomon starts B2B companies Wed Feb 09 11:38:00 EST 2000 NEW YORK, Feb 9 (Reuters) - Salomon Smith Barney said Wednesday it started coverage on shares of three companies in the hot business-to-business electronic-commerce software sector with buy and outperform ratings. --Salomon analyst Kaushik Shridharani initiated coverage on Ariba Inc. as a buy, Clarus Corp. as a buy and Commerce One Inc. as an outperform. --Salomon called Ariba and Clarus its favorite stock picks in the sector. Ariba, the firm said, is the most successful and Clarus's appeal lies in increasing market momentum. --Commerce One's product and service strategy is riskier and its stock price is more fairly valued, Salomon said. --"The rapidly growing demand for seller-side business e-commerce solutions, from the controllers of communities and marketplaces as well as straight sellers, gives these software companies compelling bargaining power," the analyst said in a report. --Shares of Ariba, which said Wednesday that it would launch an Internet-based water market with Azurix , gained 4-5/8 to 192-7/8. --Clarus shares jumped 13-7/16 to 70 while Commerce One lost 2-5/8 to 162-1/2. ((Wall Street Desk 212-859-1730)) REUTERS Rtr 11:38 02-09-00