Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?

To: HandsOn who wrote (62397)	11/8/2000 6:58:01 PM
From: If only I'd held	Read Replies (1) \| Respond to of 122087

Some things to check out about gARBAge... thestreet.com biz.yahoo.com (skip the hype and move on down to the balance sheet) Now, this was the company they bought from the poor venture capitalists that just couldn't eek out one more stock selling scam. They were doing about 250k in revenues. Check out the price ARBA bigwigs decided to pay for it. biz.yahoo.com "Under the terms of the definitive agreement, Ariba common stock -- representing up to approximately 2 1/2 percent of Ariba's current fully diluted capitalization -- was exchanged for all outstanding shares, options and warrants of SupplierMarket.com. The transaction will be accounted for as a purchase transaction." Holy overinflated toilet paper Batman!!! That's a purchase price of "gulp" somewhere around $900,000,000! (did I get all the 0's) Yeah, the initial re-action looked like it was to dump the stock, but it dipped so fast that morning, I guess most folks figured...bad day to get out. So it went up 20 points on average volume. Then tanked over the next few days back to where it was. Sheesh, it sure is hard to find a particular article when you look thru ARBA's news. There's just gobs and gobs of news. And look at all them screaming buy recomendations...yet, the stock can't seem to maintain a decent upward trend. Damn thing is all over the place. At 15 bucks a share, I probably wouldn't think much of this stock either way. But that is all just my opinion. I hope my math is correct where used. I do not guarantee it to be accurate, but I derived it from some charting and simple calculations. Oh...don't forget...CMRC is only slated to do 400 million dollars in revenues "next" year. They are trading at 34 times that "after" today's slaughter. Did I tell you CMRC was a good short?