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Technology Stocks : Ariba Technologies (Nasdaq-ARBA) -- Ignore unavailable to you. Want to Upgrade?


To: Mark Oliver who wrote (1770)3/8/2001 3:18:56 PM
From: Luce Wildebeest  Respond to of 2110
 
By Georg Szalai

New York, March 8 (BridgeNews) - Business-to-business software provider Ariba Inc. is expecting continued market share gains in its core procurement business from its current share of approximately 32%, Chief Financial Officer Robert Calderoni said at the Merrill Lynch Internet Conference here on Thursday.

"We will continue to increase our market share globally over the coming years," he said, citing recent growth estimates for the procurement market that put its total value at $10 billion by 2005.

In addition, the supply chain management sector represents another opportunity, given its own size and rapid growth, according to Calderoni. Ariba recently moved into this market, most notable with its planned $2.55 billion acquisition of Agile Software Corp.

Calderoni on Thursday predicted that this planned transaction will close in late April or early May. Previously, the company had spoken of finishing the Agile acquisition by June 30.

Shares of Ariba were lower on Thursday along with many other Nasdaq stocks. The shares were most recently at 14 9/16, down 13/16 or 5.69%.



To: Mark Oliver who wrote (1770)3/8/2001 8:11:39 PM
From: Spytrdr  Respond to of 2110
 
ask the pundits at imPrudential, Merry Lynching, Goldman SacKs, Morgan Stanley, CS First Bosten, etc, all those who were upgrading it at $ 150/170 with an average price target of $ 250.
only the sky was the limit to this leader, gorilla, elephant, tyrannosaurus rex of B2B.
ask them what happened with their baby.
why the flying pancake they were so infatuated with and adored so much came crashing down so ignominiously.

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<<Where's Ariba going from here? Up or down?
Is it cheap? Is the Bear Sterns call trying to find buyers for their sellers? Does Abby have any effect on calling a near bottom?>>



To: Mark Oliver who wrote (1770)3/8/2001 8:29:37 PM
From: Spytrdr  Respond to of 2110
 
no.
Hugh Hefner is better in that regard.
;-)

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<<Does Abby have any effect on calling a near bottom?>>



To: Mark Oliver who wrote (1770)3/8/2001 8:52:40 PM
From: Spytrdr  Read Replies (1) | Respond to of 2110
 
it's in a death spiral, a vertical descent into the Maelstrom that's surpassing even my own expectations as an ARBA shorter since $ 170.
there's no appetite for ARBA.
no genuine buying either -and this applies to the general market also-, just shorts covering, and then shorts re-shorting when they see there are no buyers.
i feel sorry for those who fell for the siren songs and the ARBA mirage.
not referring to ARBA, but most of these B2B one day wonders were nothing but glorified ProNetLinks.

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<<Where's Ariba going from here? Up or down?>>