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Technology Stocks
Ariba Technologies (Nasdaq-ARBA)

An SI Board Since April 1999

Posts	SubjectMarks	Bans	Symbol
2110	99	0	ARBA

Emcee: Mohan Marette	Type: Unmoderated

Introduction Market Data Compact

Rivals Ariba and Commerce One for IPOs

By Tim Clark
Staff Writer, CNET News.com
April 26, 1999, 4:40 p.m. PT

Online procurement rivals Ariba Technologies and Commerce One have filed for IPOs. Ariba filed Friday to raise $50 million, and Commerce One today filed a $64.4 million offering. Neither filing indicated an estimated share price.

Both companies offer software and online services to automate purchasing by large companies, one of the hottest markets in business-to-business commerce. International Data Corporation predicts rapid growth for Internet-based procurement. It estimates that market will grow from $187 million last year to $8.5 billion in 2003.

The companies have plenty of competitors, besides each other, including Concur Technologies, Netscape (now part of America Online), Trilogy, and others.

Commerce One, whose chief executive is former Sybase CEO Mark Hoffman, did not specify the number of shares to be sold to the public nor a pricing range.

But Commerce One's filing indicated revenues of $2.56 million in calendar 1998, nearly matched in this year's first quarter by $2.1 million in revenue. Last year the company lost $24.64 million, and losses in the first three months of 1999 were $4.63 million.

Commerce One said it would use the funds raised in its IPO for general corporate purposes, including geographic expansions and potential acquisitions.

Ariba's offering seeks to raise $50 million. The company recorded $8.36 million in revenue for the fiscal year ended September 30 and has booked $16.34 million in the six months ending March 31. Ariba lost $11.52 million in fiscal 1998 and has lost $8.3 million in the first six months of the current fiscal year.

Ariba, whose chief executive is Keith Krach, did not specify how many shares it would offer or the price range. The funds will be used for general corporate purposes, including working capital.

Ariba will trade under the symbol "ARBA" on the Nasdaq. The offering will be managed by Morgan Stanley Dean Witter, BT Alex. Brown, Dain Rauscher Wessels, and Merrill Lynch.

Commerce One will trade on the Nasdaq under the symbol "CMRC." The offering will be managed by Credit Suisse First Boston, Donaldson, Lufkin & Jenrette, and U.S. Bancorp Piper Jaffray.

Go to reply# or date (mm/dd/yy):

Reply	Message Preview	From	Recs	Posted
2110	SAP to Expand Cloud Presence with Acquisition of Ariba Combination Creates the B	Sr K	-	5/22/2012
2109	Thanks.	Sr K	-	9/12/2008
2108	25-Jul-08 Argus Upgrade Hold Buy	Daniel Schumacher	-	9/12/2008
2107	They seem to be firing on cylinders...	JakeStraw	-	8/11/2008
2106	Jake, I own ARBA. Stock has shown great relative strength and appears to be a g	David Alan Cook	-	8/8/2008
2105	I follow it, and I bought it July 23 before the earnings cc. I've been buyin	Sr K	-	8/8/2008
2104	Anyone still following ARBA?	JakeStraw	-	8/8/2008
2103	near 5 year high except for a six month spike	hdl	-	4/14/2006
2102	OOOK ( being we are talking AMD I'm OT but guess it's ok) stockconsultan	James F. Hopkins	-	3/31/2006
2101	i have sold portions of various stocks - and am now letting my profits run. some	hdl	-	3/30/2006
2100	Hummm Message 19218043	James F. Hopkins	-	3/30/2006
2099	Got it, thanks!	Done, gone.	-	2/26/2006
2098	on SI look at 5 year chart. look at spike around 6/04. now, look at 5 year yahoo	hdl	-	2/26/2006
2097	Show me.	Done, gone.	-	2/26/2006
2096	the problem with your chart, unlike SI's is it accounts for the split.	hdl	-	2/26/2006
2095	WTF are you babbling about!? I mean... finance.yahoo.com ...it's a hell o	Done, gone.	-	2/25/2006
2094	$44/share.	hdl	-	2/25/2006
2093	arba could hit 5 year high	hdl	-	2/25/2006
2092	hdl isn't ariba amazing? finance.yahoo.com	goforatrriple	-	11/17/2005
2091	ariba up nicely!	hdl	-	10/10/2005
2090	please don't let impristine be right.	hdl	-	2/1/2005
2089	sweet, indeed!	hdl	-	11/15/2004
2088	Yes it appears to be so. Funny I'd wanted to point that out to impristine as	Luce Wildebeest	-	10/28/2004
2087	this dog ain't dead, yet!	hdl	-	10/28/2004
2086	i will buy you a drink to mollify u on your loss on your million shares	hdl	-	10/21/2004

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