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To: craig crawford who wrote (125747)5/30/2001 8:24:19 PM
From: H James Morris  Read Replies (3) | Respond to of 164685
 
Former new economy favorites.
>Hovering above April lows

Ariba (ARBA: news, msgs, alerts) is closing in on its April 3 trough of $4.38 as shares slide 8 percent to $5.63. Investor confidence has eroded in the past month on concerns the procurement software company may not meet its aggressive goals during the prolonged IT spending downturn.

Ariba is not alone, however. Commerce One (CMRC: news, msgs, alerts) shares are down 10 percent to $6.29, a level just above their April 3 intraday low of $5.12.