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To: 16yearcycle who wrote (6099)	4/4/2001 10:30:38 AM
From: Bill Harmond	Respond to of 57684

Commerce One disappints, but not to Ariba's degree. Their competition bears close scrutiny going forward. biz.yahoo.com

To: 16yearcycle who wrote (6099)	4/5/2001 3:53:03 PM
From: Glenn D. Rudolph	Respond to of 57684

If you then want to suggest that the managements were crooked in some way, I am sure there is nothing I can say to change your mind, but I disagree wholeheartedly. They have been blindsided at exactly the wrong time by a federal reserve attack that killed them and their investors. They are humans just like you and I, and they were being guided through a process that would allow them to expand rapidly, but that assistance was then revoked. They can adjust plans now in order to get by somehow, but it isn't going to work. Eugene, I agree with everything you say except in this paragraph. Let's not use the word "crooked" because that implies some form of breaking a law. My point was and it follows your statements about the Fed, is that management did not need to cash in that many chips when management could see (just as you and I could see) the Fed reducing liquidity. A proper reaction by management and this is generalizing, was sell enough stock to have an incomce so as not to dilute shareholder value excessively when there was clearly inadequate liquidity to pick up theses shares. Management of these young firms did not need to cash in hundreds of millions of dollars so early because they needed money just to live. My opinion is this was a bad move by the average management group and showed a lack of regard for their shareholders. Not the very upset shareholders of BRCM when management there cashed in $1 billion in stock. That was/is my only point. Management could not change the Fed's actions or change liquidity but they had control to some extent over dilution. Glenn