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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?


To: lindelgs who wrote (3679)9/25/2000 11:34:10 PM
From: T L Comiskey  Respond to of 65232
 
Legs...greetings...have watched PPRO since Greg mentioned it....paying more attention since the 2 for 1 was announced Sept 21st......just bought a sm position during todays down tick........Its now lower.....
here's a post from Greg to Clappy
Best of Luck
Tim

Message 14425639

Split info.......

Thursday September 21, 8:02 am Eastern Time

Press Release

PurchasePro.com Announces Two-for-One Stock Split

LAS VEGAS--(BUSINESS WIRE)--Sept. 21, 2000--PurchasePro.com (Nasdaq:PPRO - news), a leading enabler of business-to-business
e-commerce for companies of all sizes, announced today that its board of directors has approved a two-for-one stock split effective on,
or about October 12, 2000, for shareholders of record September 29, 2000.

``This action will increase the liquidity of PurchasePro.com stock,'' said Charles E. Johnson, Jr., chairman and chief executive officer. ``Moreover, it reflects what we
believe is an extremely positive response from the financial community to PurchasePro.com's business model, the company's progress since its initial public offering in
September 1999, and PurchasePro.com's favorable outlook.''

About PurchasePro.com

PurchasePro.com Inc. (Nasdaq:PPRO - news) is a leading enabler of business-to-business e-commerce for companies of all sizes and powers approximately 160
private-labeled marketplaces encompassing more than 25,000 businesses. With the fastest e-marketplace products in the industry, such as e-Procurement, v-Distributor and
e-MarketMaker, the company takes private labeled marketplaces operational in 45 days or less.

PurchasePro.com's highly scalable, browser-based solutions enable businesses of any size to easily buy and sell products and services across marketplaces through the
company's active marketplace-to-marketplace (m2m) connectivity.

With the industry's only complete buyside/sellside solution, PurchasePro.com adds an effective new sales channel to any company, in addition to streamlining online
procurement efforts.

Strategic alliances with industry leaders such as America Online, Computer Associates, Sprint Corp., Hilton and Office Depot Inc. are instrumental to building the company's
customer base of large, midsized and small businesses. For information, visit www.purchasepro.com.