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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Captain Jack who wrote (16827)8/27/2001 12:42:28 PM
From: stockman_scott  Respond to of 52237
 
Re: ARBA...<<The momo guys and insiders made money>>

They sure did...The VCs and insiders made hundreds of millions of dollars of profits in a VERY SHORT TIME. Yet, Ariba has laid off well over 1/3 of all its employees, is NOT profitable, and has NOT created a sustainable business. That's quite a legacy for the founders -- during the boom period their odds of hitting it big were MUCH BETTER than playing in the recent $300 Million Powerball lottery <G>. Today, fundamentals count and its a totally new environment.

Best Regards,

Scott