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


To: Michael Auth who wrote (1071)9/7/2000 11:46:37 PM
From: Michael Auth  Read Replies (1) | Respond to of 2110
 
Taking the path of least resistance
Exchange wins on horizon for B2B

Among the business-to-business and infrastructure stocks making strides were Commerce One and Ariba. Analysts expect such so-called B2B companies to report solid third-quarter results and foresee both Commerce One and Ariba announcing major e-marketplace wins. Both companies will be holding user conferences in a couple of weeks.

Commerce One gained $7.81, or 12.5 percent, to $70.50, while Ariba gained $5.69, or 3.6 percent, to $161.88.

"We're continuing to see the sentiment shift back into B2B because there are the expectations of a strong third quarter," said Ian Toll, an analyst at CS First Boston.

"The catalyst for some of these stocks is new customer wins, particularly with Commerce One," he said. Commerce One (CMRC: news, msgs) kicks off a three-day user conference in Las Vegas on September 18.



"Many believe that Commerce One and SAP have won several industry consortiums," he added. There have been about 80 consortiums formed, but 30 have yet to choose a technology vendor, he added. Ariba (ARBA: news, msgs) holds its user conference in Miami at the same time, and Toll expects big announcements from Ariba as well.

cbs.marketwatch.com



To: Michael Auth who wrote (1071)9/8/2000 4:20:28 PM
From: Spytrdr  Respond to of 2110
 
the dangers of EXTRAPOLATING too much.
you don't expect the stock to fly above the 10-dma at this same degree angle forever, do you?
because if it does, soon it would have a market cap equal to the GDP of the Soviet Union

___
"I took some more today at 157, since the beginning of August, the 10-dma has proved to be good support."