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To: Pedro Joaristi who wrote (26755)	12/21/2000 3:14:32 PM
From: Dealer	Respond to of 65232

CMRC--Commerce One Tumbles After Potential Customer Slips Away By Joe Bousquin Senior Writer 12/20/00 10:28 AM ET Shares of Commerce One (CMRC:Nasdaq - news) were trading sharply lower Wednesday as one of the company's potential new customers signed instead with a rival. Lately, shares were off $5.22, or 17%, to $25.78. On Wednesday, VerticalNet (VERT:Nasdaq - news) announced that its technology would power Internet marketplace Converge, formerly known as eHitex, which is being set up by major technology companies such as Hewlett-Packard (HWP:NYSE - news) and Compaq (CPQ:NYSE - news). VerticalNet said it would receive $107.5 million over three years for the deal. VerticalNet also sold its NECX computer chip exchange unit to Converge. But the Converge exchange was supposed to go to Commerce One. The company had been working with Converge since July, and Commerce One touted the exchange as a major victory at a September conference, when it said it was doing pilot transactions for the marketplace. But apparently, it didn't have a definitive agreement to power the exchange. Commerce One officials couldn't be reached to comment. "Obviously, this is not good news for [Commerce One] because it is a loss of $108 million over the next three years and denies them of any revenue sharing from the potentially lucrative marketplace," Goldman Sachs analyst Thomas Berquist wrote in a research note. He noted that it probably won't affect Commerce One's current quarter, though. "However," he continued, "we believe that since [Commerce One] will not be involved in the exchange, it tightens their wiggle room to meet or exceed estimates in future quarters. The Converge relationship would have contributed 4% ($35 million) of [Commerce One] revenues in 2001." (He has Commerce One on the firm's recommended list, its highest rating, and Goldman hasn't done underwriting for the company.) Wall Street's harsh lesson for the company? Don't count your exchange customers before they're signed.

To: Pedro Joaristi who wrote (26755)	12/21/2000 3:14:40 PM
From: bosquedog	Respond to of 65232

Anybody know what is going on with CMRC? CMRC: from yesterday thestreet.com

To: Pedro Joaristi who wrote (26755)	12/21/2000 3:17:27 PM
From: Dealer	Read Replies (1) \| Respond to of 65232

I posted this yesterday: CMRC--Geez! Commerce One Inc CMRC Thomas Weisel from Buy to Market Perform History Can you believe these wanna be's downgraded CMRC after it has fallen 75%...... They need to get a red phone to "Phychic Hot Line". dealie