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To: H James Morris who wrote (133431)	10/24/2001 10:52:50 AM
From: Mark Fowler	Read Replies (1) \| Respond to of 164684

HJ here have a Hot dog! SUNNYVALE, CA, Oct 24, 2001 (AFXAsia via COMTEX) Ariba Inc said it posted fourthquarter loss per share of 11 cents, which beat Wall Street expectations of a 13 cents loss. In a statement, the company said net loss for the quarter excluding certain noncash and special charges was 27.7 mln usd, compared with a net loss of 1.1 mln usd in the same period last year, excluding certain noncash and special charges. Despite the net loss, the company said it is "wellpositioned for future profitability," noting that Ariba's cashflow "remains strong" at 294 mln usd. The statement also said on a GAAP (generally accepted accounting principles) basis, net loss for the quarter was 224.3 mln usd, or a loss of 89 cents per share. During the corresponding quarter in 2000, the net loss on a GAAP basis was 339.3 mln usd, or a loss of 1.50 usd per share. Revenues for the fourth quarter totalled 62.6 mln usd, down sharply from 134.8 mln a year earlier. The company, however, said, revenues were in line with its forecast. "We reported a solid quarter despite the soft economic environment and the unexpected and tragic events in September," said Bob Calderoni, president and chief executive officer. Fullyear revenues reached 408.8 mln usd, up 47 pct from last year's 279 mln usd. Net loss for the fiscal year 2001 excluding certain noncash and special charges was 88.1 mln usd, or a loss of 36 cents per share. During fiscal 2000, the net loss was 29.5 mln usd, or a loss of 15 cents per share, excluding certain noncash and special charges. Net loss on a GAAP basis for fiscal year 2001 was 2.68 bln usd, or a loss of 10.96 usd per share. During the corresponding fiscal year 2000, net loss on a GAAP basis was 792.8 mln usd, or a loss of 4.10 usd per share. gc/cmr