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Technology Stocks : Commerce One Inc - (CMRC) -- Ignore unavailable to you. Want to Upgrade?

To: Logain Ablar who wrote (1878)	10/9/2001 12:36:02 PM
From: bob zagorin	Respond to of 1938

your point is well taken about "incubator types" but a couple points. icge is priced now as if it is DOA. in fact, it has over 300m in cash, is bying back 1/3 of its conv. debt, and has slashed its SG&A to about $25m/yr. icge has been consolidating ownership of its key subsidiaries and now owns about 95% of logistics and ecredit. i know the market thinks it's an incubator but i think it's a slightly different animal and owuldn't be surprised to see it become the GE of B2B. i like its constituents because they are involved in the real nuts and bolts of next gen business not just procurement or auctions. jmho.

To: Logain Ablar who wrote (1878)	10/10/2001 8:42:49 PM
From: FR1	Read Replies (1) \| Respond to of 1938

The IPO factories might be coming back sooner than we think (everybody CMGI, ICGE, RRRR up 22+% today): IPO price range rules eased Change may help companies pitch shares By Steve Gelsi, CBS.MarketWatch.com Last Update: 11:44 AM ET Oct. 10, 2001 NEW YORK (CBS.MW) - The Security and Exchange Commission is relaxing a rule on preliminary price ranges for companies going public in a move that will likely benefit the sluggish market for initial public offerings. Until recently, companies have had to put out preliminary price ranges about a month into the six- to 12-month process of taking themselves public. That has led to companies putting out lower price ranges as they come closer to their debuts in the face of volatile markets. The downward revisions are usually seen as a blow to a prospective IPO since it makes it seem as if the company is less desirable. Now the SEC is waiving the pricing requirement in order to allow companies to set their price range later in the IPO approval process, after they've more thoroughly gauged investor interest. "We made an adaptation to the administrative process in order to accommodate current market conditions," an SEC spokesman told Reuters. The move comes as companies flee the IPO market, which is slowly emerging from its longest hiatus in decades. This week, TheraSense (THER: news, chart, profile) is on deck to raise $120 million with underwriter US Bancorp Piper Jaffray on the heels of last week's debut from Given Imaging (GIVN: news, chart, profile). Elsewhere in the IPO market, Starbucks (SBUX: news, chart, profile) saw a successful debut of its IPO in Japan. See full story. But other deals continue to dry up. DealTime.com pulled its $50 million IPO with Robertson Stephens. The Israeli-based online shopping service filed its IPO in March of 2000. Kintana also scrapped plans for a $70 million IPO with CS First Boston. Earlier this year, the Sunnyvale, Calif.-based supply chain specialist secured $15 million in a round led by Camelot Ventures. Centene files St. Louis-based managed care specialist Centene Corp. filed to raise up to $58 million in an initial public offering with underwriters SG Cowen, Thomas Weisel Partners, and CIBC World Markets. The company rang up $150.7 million and net income of $5.4 million in the first six months of the year, up from $101 million and net income of $2.4 million in the year-ago period. Centene plans to list shares on Nasdaq under the symbol "CNTE." cbs.marketwatch.com

To: Logain Ablar who wrote (1878)	10/16/2001 8:04:59 AM
From: Ted Downs	Read Replies (2) \| Respond to of 1938

Tim, You are a pretty savvy guy. Can you or anyone explain to me why Sap would increase their ownership to 20% of CMRC when they have no interest in a buyout? Also, why would they make such an investment unless they absolutely need the CMRC's software and expertise. Sap isn't any average software company so I find it very strange that they would make such a move without a takeover in the back of their minds or someone else very probable. Thanks for your thoughts. Ted