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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts -- Ignore unavailable to you. Want to Upgrade?

To: Jorj X Mckie who wrote (22632)	3/9/2000 9:16:00 PM
From: John Pitera	Read Replies (2) \| Respond to of 63513

the IBM deal really helped ITWO, ARBA is moving along. split on March 20th----the statement below in bold is a really stunning statement and I find it hard to get my mind around it. Even if it's true!!! In a report released Friday, Banc of America Securities analyst Bob Austrian raised the price target for Ariba to $360 from $250. He said the company's growth is being driven by the fact that, ``every company in every industry will participate in or spawn an e-marketplace within one year.' That activity, already strong, ``will pick up speed throughout the year.' Commerce One Inc. (NasdaqNM:CMRC - news), mentioned in the same report, was also seen gaining momentum and Banc of America boosted its price target to $300 from $275. Both companies were rated by the broker as strong buys. Under the new Ariba pact with Unilever, Ariba will set up a purchasing system, mostly in non-inventory and other expense areas. Unilever said it expects ``the system to result in savings from common purchasing for the whole company' and it also sees ``efficiency improvement' from operating in the e-commerce environment. Mountain View, Calif.-based Ariba will split its stock two-for-one for shareholders of record as of March 20.