MSFT eyeing CMRC stake? - 500 Beiträge pro Seite

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Market Pulse
Last Update: 11:36 AM ET Jul 11, 2000: NewsWatch
Indications
ADR Report

Tuesday, July 11, 2000

MSFT eyeing CMRC stake? CSFB

--11:36 am - By Tomi Kilgore

Commerce One (CMRC: news, msgs) is powering up 3 3/16, or 8 percent, to 42 15/16. Analyst George Gilbert at CS First Boston said in a research report that Microsoft (MSFT: news, msgs) may want to become part of the previously announced Commerce One/SAP alliance. Gilbert said that he "wouldn`t be surprised to see Microsoft invest in Commerce One in order to promote Windows 2000, BackOffice, and to position some of CMRC`s participating marketplaces as part of Windows.Net. Gilbert noted that Microsoft has been "woefully absent" from growth opportunities in the business-to-business arena. As part of the SAP/CMRC alliance, announced on June 14, SAP (SAP: news, msgs) said it would acquire $250 million worth of unregistered stock in Commerce One. Microsoft adding 7/16 to 79 7/8 and SAP is trimming 3/16 to 46 13/16.


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Tuesday July 11, 9:17 am Eastern Time

Company Press Release

fourthchannel, Commerce One Forge Alliance

Alliance to Enable Real-Time Trading Between fourthchannel Sellers and Commerce One Buyers

COLUMBUS, Ohio--(BUSINESS WIRE)--July 11, 2000--E-business services provider fourthchannel announced today that it has executed a non-binding, preliminary memorandum of understanding with Commerce One, Inc. (NASDAQ:CMRC - news) to enable real-time trading between fourthchannel-powered suppliers and Commerce One buyers over the Internet. As a result of the anticipated agreement, fourthchannel will enable its profitbuilder(TM) and profitlaunch(TM) e-business solutions to work with Commerce One`s MarketSite(TM) Global Trading Portal and Global Trading Web(TM). Commerce One and fourthchannel expect to finalize terms and execute definitive agreements by September 2000.

``Linking fourthchannel suppliers to Commerce One`s MarketSite Portal through fourthchannel`s profitbuilder and profitlaunch solutions will enable these companies to explore new markets while protecting their brand and providing much richer content to new and existing buyers,`` Jonathan York, fourthchannel chairman and CEO, said.

``fourthchannel has demonstrated a strong commitment to delivering solutions for B2B suppliers that want to seamlessly integrate with buyers and buyer communities,`` said Chuck Donchess, executive vice president and chief strategy officer for Commerce One. ``We expect integration with fourthchannel`s e-business systems to accelerate suppliers` ability to participate in Commerce One`s MarketSiteTM Portal, while delivering business buyers the uninterrupted real-time supplier integration they demand. We believe that fourthchannel`s supplier expertise and sell-side offerings will provide seamless seller/buyer connectivity across buying communities.``

fourthchannel will support Commerce One`s xCBL (Common Business Library) transactions within its profitbuilder and profitlaunch e-business systems. xCBL, which is Commerce One`s set of XML building blocks and document framework, is expected to provide fourthchannel-powered suppliers seamless access to an extensive worldwide business-buyer community. profitbuilder and profitlaunch will provide integration capabilities to the Commerce One MarketSite(TM) Global Trading Portal, as well as individual trading exchanges running on the MarketSite(TM) Portal Solution.

About fourthchannel

fourthchannel, an e-business services provider, provides manufacturers and distributors a complete e-business solution that increases revenues and margins, protects brands, and offers exposure to new and larger markets. fourthchannel`s services include full-featured selling solutions, based on the profitbuilder(TM) and profitlaunch(TM) services, that completely integrate with internal business systems, external partners, and marketplaces. fourthchannel was recently named one of Upside Magazine`s ``Hot 100`` privately held technology companies (http://www.fourthchannel.com).

profitbuilder and profitlaunch are trademarks of fourthchannel, inc. Commerce One, Many Markets, One Source., Global Trading Web, BuySite, MarketSite, Global Trading Platform, Common Business Library, XML Development Kit, XML Commerce Connector, MarketView, and SupplyOrder are either trademarks or registered trademarks of Commerce One, Inc. All other company, product, and brand names are trademarks of their respective owners.



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