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

To: John F. who wrote (95947)	4/13/2000 2:05:00 AM
From: puborectalis	Respond to of 108040

CMRC...Oil Companies Mix In B-to-B Waters (04/12/00, 7:59 p.m. ET) By Tim Wilson, InternetWeek The consolidation of vertical-industry trading exchanges continued Tuesday, as 14 major energy and petrochemical companies announced the formation of a new business-to-business marketplace. The new trading hub, led by BP Amoco (stock: BPA), Royal Dutch/Shell (stock: RD), and Statoil, will consolidate separate development efforts that had been initiated by the three companies earlier this year. It will allow buyers to find suppliers of all types of equipment and services used in the exploration and refinement of petroleum products, but there will be no trading of oil or energy on the site. By pulling together separate business-to-business efforts, the companies hope to achieve critical mass sooner, officials said. "By working together with industry partners and suppliers, we can deliver greater savings in a shorter time," said Harry Roels, a managing director at Royal Dutch/Shell, in a published statement. Analysts had been predicting a consolidation of business-to-business efforts in the oil industry for some time. Like the auto industry -- in which Ford, General Motors, and DaimlerChrysler abandoned separate efforts to build a singleexchange -- the energy industry is rife with business-to-business trading hubs, some sponsored by major players and some independently operated. The new exchange will be pitted against Petrocosm, which was founded by Chevron (stock: CHV) and Ariba (stock: ARBA), and Worldoil.com, an independent exchange. The new exchange will be based on technology from Commerce One (stock: CMRC), which was the vendor that helped to establish the Royal Dutch/Shell exchange earlier this year. The companies did not say what will become of the SAP technology that was proposed for use in the Statoil hub, which also was unveiled in the first quarter. SAP (stock: SAP) was left out of the Ford-GM-DaimlerChrysler exchange, which is based on technology from Commerce One and Oracle. Discussions already are under way to add more participants to the exchange, including key equipment and services suppliers, the partners said. The other charter members of the new exchange are Conoco, Dow Chemical, Equilon Enterprises, Mitsubishi, Motiva Enterprises, Occidental Petroleum, Phillips Petroleum, Repsol YPF, Tosco, TotalFinaElf, and Unocal.

To: John F. who wrote (95947)	4/13/2000 2:21:00 AM
From: westpacific	Read Replies (3) \| Respond to of 108040

John F - study charts all night, this meltdown is far from over, what I have seen is outright scary. I track every IPO from the past year and it is nasty, many have fallen off a cliff in just the past two weeks. Look at ONDS as an example - just zero support right now at any price! We are headed for a crash my friend - the new records set just this year in the NAS for lows is enought to make any sweat. Who in there right mind wants to own stock right now - no way in #@$@! 3000 is looking like a high low target as I dig deeper, the next week will tell and may have to lower that to 2300 to 2500, mark these words - it could happen in the next several months time! People seem to forget we were only at 2450 in Aug. of 1999! At best we sould be at 3050 if the market did not go into hyper greed drive and because of the meltdown we will go lower. No doubt about it.