>E-commerce software provider Commerce One Inc has agreed to buy auction
>software developer CommerceBid.com Inc, a privately held Santa Clara firm,
for >$199m in a cash and stock deal. Commerce One will issue 785,000 shares
and >pay $4.5m in cash for the company, which makes web-based auction and
reverse >auction software called ChannelBid. This technology will be
integrated into >Commerce One's MarketSite procurement extranet portal.
MarketSite operates on >what the company calls its Global Trading Web, which
encompasses sites in the >UK, US, Japan and Australia. The CommerceBid
facility will be maintained by its >new owners as a major development site
for the company.
Cha-ching!
- SaL'
----- Original Message -----
From: Gregory Alan Bolcer <gbolcer@endTECH.com>
To: FoRK <fork@xent.com>
Sent: Monday, November 08, 1999 4:16 PM
Subject: Today in stocks
> Just had to mention this:
> CommerceOne today was up $53, NASDAQ symbol: CMRC
>
> After getting a chance to talk separately with both their chairman and CEO
> last Tuesday/Wednesday, I can only say, I'd keep buying their stock until
> the cows come home. I have no doubt they'll be the Dell of the
> next decade.
>
> As to MSFT, they're probably a great buy also thinking about what happened
> to all the telecom stocks after they broke up. Investors got shares of
each
> local company which turned out to be a gold mine.
>
> Greg
>
>
> --
> Greg Bolcer
> email: gbolcer@endtech.com
> web: http://www.endtech.com
> work: 714.505.4970
> cell: 714.928.5476
> fax: 603.994.0516
>