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


To: Anthony Tsai who wrote (1795)3/15/2001 1:51:26 PM
From: Suzanne Newsome  Read Replies (2) | Respond to of 2110
 
This is from TheStreet.com: "In terms of which companies have the highest probability of missing Street expectations, I'd put Ariba (ARBA:Nasdaq - news) right at the top of the list," said Jim Moore, an analyst with Deutsche Banc Alex. Brown who rates Ariba a buy. "They still have 75% or 80% of their quarter left to do." (Moore's firm has done underwriting for Ariba.)"
Ariba's 2nd quarter ends Mar. 31, so "they still have 75% or 80% of their quarter left to do" means that Ariba's 2nd quarter is going that badly? If Ariba is going to miss its 2nd quarter numbers that much, why would the firm maintain a buy rating?