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To: If only I'd held who wrote (3258)	8/25/2000 10:04:55 AM
From: Marq Spencer	Read Replies (1) \| Respond to of 3326

I agree with you about the street not caring about the cash burn for something like ARBA. Operationally, they're burning three times the cash they did last year. The operational losses keep getting bigger. Yet the pushers keep pushing it. It can't be sustained forever, but they can play with it for a while. I think that they'll try to keep pumping this one for a long time since it has become the poster child for the B2B craze. If it cracks, the entire sector will get dragged down. Just like what happened to the B2C market once Amazon came under fire. They need the B2B stuff to keep rolling so that they can IPO all sorts of junk over the next six months.