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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts -- Ignore unavailable to you. Want to Upgrade?

To: Jorj X Mckie who wrote (62387)	12/21/2000 4:47:40 PM
From: Don Pueblo	Read Replies (1) \| Respond to of 63513

Your 'watch the VC money' idea is a good idea. The deals are going to have to be tight, good deals this year, but the next two quarters would be a good time to throw out some good stuff. Good meaning good, not 'ending in dot com', priced at 20 then repriced at 30 then repriced the night before at 40 and then opened the next day at 200. The best scam this last year was this one: stockcharts.com[L,A]DBOANYMY[DD][PF][VC60][ILF!LG] Remember that? I'll never forget it. I hesitate to even calculate the amount of dough the underwriters took off the investing public's greedy hands on that one single deal. I remember watching it the first day. I saw an ISLD guy short 125,000 shares at 151 and cover about ten minutes later at 125. If he had waited another half an hour, he could have made twice as much. I've had several arguments about that deal. My contention was that someone with the ability to short the stock on Day One (and that narrows the field down to a handful of entities) shorted every single share of the stock the moment it opened and rode it down for three days. The argument I get from people is, "Can't happen, it's illegal." Ruh...ruh...ruh...right.

To: Jorj X Mckie who wrote (62387)	12/21/2000 5:20:27 PM
From: John Pitera	Read Replies (2) \| Respond to of 63513

there is serious competition out there isn't there. there was major selling in the drug stocks at the close PFE had millions of Shares change hands right before the bell. the volume in MRK, SGP, BMY was abnormally high. there could be several potential reasons, but I wonder if mutual funds are rotating into beaten up tech and seeing the Fed easing writing on the wall?? a sidebar...... CMRC is selling for less than 2 times book value, you know ORCL got no revenue sharing in Covisnant, CMRC was the only technology provider to secure a revenue sharing arrangement. Today Covisint arrived at a definitive agreement outlining the participation of Commerce One and Oracle. Below we outline the impact to CMRC and ORCL. The announcement is in line with our expectations and there are three incremental positives for CMRC that we were not expecting that are also part of the definitive agreement: Commerce One What We Were Expecting that is confirmed today with the announcement: 1 - CMRC is transaction engine for indirect goods of the exchange 2 - CMRC is providing their indirect goods procurement software to Covisint and members of Covisint 3 - CMRC is providing auction services 4 - CMRC is providing catalog content services What is Incrementally Positive to our expectations: 1 - CMRC is providing the transaction engine for ALL the transactions both direct and indirect 2 - CMRC will be providing the consulting services work for Covisint, via CMRC's acquisition of Appnet. 3 - Commerce One will received a two percent equity interest in Covisint Other Key Points Regarding CMRC: Commerce One is the only technology provider with revenue share, which insinuates Oracle was unable to negotiate a revenue share provision. CMRC will be entitled to share in revenues for a 10-year period. With the Covisint transactions, Commerce One will undergo a corporate restructuring into a holding company.