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To: Glenn D. Rudolph who wrote (114591)	1/6/2001 10:04:38 AM
From: H James Morris	Read Replies (1) \| Respond to of 164684

Glenn, you still own Ariba? Btw I bought B2B holders the other day. Boy! was that a mistake. >NEW YORK, Jan 5 (Reuters) - Shares of electronic commerce service provider Ariba Inc. (NASDAQ:ARBA) fell over 15 percent on Friday to their lowest level since September 1999 amid concerns over its exposure to waning Internet firms, analysts said. Ariba, which had just staged a sharp 15 percent surge on Wednesday in lock-step with the Nasdaq rally after a surprise interest rate cut by the Federal Reserve, fell $8-11/16 or 20 percent to $34 on volume of more than 21 million shares. Ariba was among the most heavily traded issues on the New York Stock Exchange on Friday and among the top percentage decliners in the business-to-business (B2B) sector. David Garrity, an analyst with Dresdner Kleinwort Benson, said the decline was related to concerns over the future of so-called "dot-com" companies, to which Ariba sells its products, and over some of Ariba's accounts receivables. Ariba's supply chain management software enables companies to do business with each other. The company was not alone, as the Nasdaq index sank over 6.0 percent, spurring broad-based selling of other technology-oriented blue chips. One of Ariba's top competitors, Commerce One Inc. (NASDAQ:CMRC) fell $3-3/8 or 15 percent to $18-9/16 while other sector peers like i2 Technologies (NASDAQ:ITWO), with which Ariba has a strategic alliance, fell $9-1/4 or 18.5 percent to $40-3/4. Meanwhile PurchasePro.com Inc. (NASDAQ:PPRO) eased 13/16 or 5.14 percent to $15, and software powerhouse Oracle Corp. (NASDAQ:ORCL) dropped $2-7/16 or 7.5 percent to $30-1/8.