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

To: johnd who wrote (842)	4/11/2000 11:50:00 AM
From: johnd	Respond to of 2110

>>>UPDATE 1-Ariba sees second quarter revenues above expectations (adds updated stock price, Bank of America news) MOUNTAINVIEW, Calif., April 4 (Reuters) - Ariba Inc (NasdaqNM:ARBA - news) on Tuesday said it expected its second-quarter revenues to be significantly higher than analyst expectations because of better-than-expected demand for its business-to-business software and services. Ariba said in a statement it expects revenue for the quarter ended March 31 in the range of $36 million to $38 million, ``the largest quarter ever reported by Ariba.' Also, earlier today Bank of America Corp. and Ariba said they formed an alliance to create an Internet-based financial services marketplace for business customers. Bank of America will use Ariba technology in creating Banc of America Marketplace LLC, a new company that will start up and run the business-to-business marketplace for the bank's two million business customers. Ariba and Bank of America will share transaction-based revenues from the alliance. Shares of Ariba on a very volatile Tuesday closed up 9-15/16 to 98-5/8, but had been as high as 99-3/4 and as low as 78 earlier in the day. The company was one of the top 15 net gainers on the Nasdaq. Ariba said it would report its fiscal second-quarter earnings after the close of trading on April 12. >>>> What was comparable last year? i.e. what is growth rate?