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

To: puborectalis who wrote (90137)	3/29/2000 3:06:00 PM
From: puborectalis	Respond to of 108040

CMRC getting very cheap in light of aerospace deal and upcoming split.........Aerospace giants to form b-to-b marketplace March 28, 2000 by Adam Feuerstein Four big aerospace companies, led by Boeing Corp., took the wraps off their expected business-to-business Internet marketplace today. The online exchange, which will be spun out as a separate company, will allow all players in the aerospace industry to buy and sell raw materials, aircraft, and satellite and weapons parts; it will also provide electronic tracking and management of data and financial services. The new aerospace exchange will be co-owned by Boeing (BA), Raytheon (RTN.A), Lockheed Martin (LMT) and BAE Systems PLC of Britain, formerly British Aerospace. Commerce One (CMRC) is providing the e-commerce platform for the exchange, and will also be a co-owner. Additional equity pieces are being reserved for future participants, the companies said. "A Web-based global trading exchange for the aerospace and defense industries will transform the way we do business," said Phil Condit, chairman and CEO of Boeing, adding that total aerospace industry sales of parts and services tops $400 billion a year and includes 37,000 suppliers.