Commerce One - News und Fakten - 500 Beiträge pro Seite

[Prognose1]

Bitte bitte, hört doch auf mit den langen Beiträgen, man braucht öffnen immer so lange.

Danke !

[Prognose1]

Sorry,

"zum öffnen immer so lange" !

[Prognose1]

Okay, hier meine Vorgabe:

Downgrade vom 27.11.2000

"While Ariba and Commerce One have dropped significantly, we still do not believe that the current stock prices adequately reflect the limited opportunity for simple procurement and marketplace applications," Wit Soundview`s research note said.
"To reflect lower growth expectations, we are lowering our price targets on Ariba to $52 and Commerce One to $39."

M. E. fadenscheinige Aussage !!!

[Pastete]

Hallo Prognose1 und Andere!
Versuche doch einfach mal,das weiße Kästchen,
welches bei allen Boards mit über 20 Beiträgen
steht,anzuklicken.Nun hast Du nur die letzten 20
Beiträge mit einer schnelleren Ladezeit.
Glaubst Du nun ,das die eine oder andere ältere
Seite für Dich interressant sein könnte,so kannst
Du jede beliebige Seite davor aufrufen.Ich hoffe,
Dir hiermit geholfen zu haben MfG.Pastete

[Prognose1]

Erklärung von fool.com, warum sie Commerce One rausgeworfen ("cut") haben:

By Jeff Fischer (TMF Jeff)
November 21, 2000
Last Thursday, we continued to cut companies from our high-growth list. We have a list of more than 50 contenders that we must narrow to a manageable dozen or so to study in-depth. How do we get there? First, the same way most investors do: through subjective cuts.

Like all investors, you and I only invest in certain kinds of companies that match our initial subjective requirements, whatever they might be, and that later pass analytical scrutiny. Our first requirement in this study was a five-year growth rate of at least 25% per year. Our current requirements are for company predictability, understandability, competitive leadership, and expanding possibilities -- all of which are (mainly) subjectively measured. We also have minimum share-price and market-cap requirements.

After USinternetworking (Nasdaq: USIX) and Commerce One (Nasdaq: CMRC) were cut last week, I received many emails, some of them unhappy. Most unhappy readers apparently missed our clarifying comment last week that this is not an analytically rigorous cut at this point. This is a subjective cut.

We cut USinternetworking due to its share price of less than $5, a subjective disqualifier in and of itself. We cut Commerce One partly because we already have Ariba (Nasdaq: ARBA) on our list, and we said that these companies are in the same general industry, loosely defined as online business-to-business commerce.

Of course, all three of these companies focus on different aspects of online business. However, that doesn`t matter to us at this stage of our study, because we`re not looking any deeper than the general industry overall. In very large industries, we only want to choose the largest leaders. At $16 billion in market cap, Ariba is $10 billion larger than Commerce One. (For now!)

That said, we will consider Commerce One next to Ariba when we begin to analyze businesses in this study. We would have done that inevitably -- and maybe Commerce One will win us over. Either way, as we continue to make cuts from our list, I want to remind all readers that these are subjective cuts, not analytical to any real degree, so please don`t be unduly alarmed when a company that you love or own is summarily cut. All investors have different sensibilities for what sort of company feels "right" to them. What is "right" for Drip Port isn`t right for all.

More "cut `em or keep `em" decisions
Returning to our shrinking company list, Redback Networks (Nasdaq: RBAK) provides advanced networking systems that enable carriers, cable operators, and Internet service providers to rapidly deploy high-speed broadband access to the Internet and corporate networks. Redback is a fast-rising leader. Sales will top $240 million this year, up from $8 million in 1998.

The competitive landscape is crowded, however, and long-term predictability in this business is very poor. Plus, it`s difficult for an outsider to understand the ins and outs of the technology, let alone predict where it`ll go. We will try to understand, though. Redback is strong enough to merit learning more. If Redback holds sustainable advantages that make its future more predictable, it might become a much larger company. At $70 per share, it`s worth $11 billion -- Cisco Systems (Nasdaq: CSCO) could slurp it up if it wished -- and Redback`s EPS estimates call for more than 50% annual growth.

Redback Networks joins Paychex (Nasdaq: PAYX), Millennium Pharmaceuticals (Nasdaq: MLNM), Ariba, eBay (Nasdaq: EBAY), and Phone.com (Nasdaq: PHCM) on our contender list. (Realize that, as this list grows, some companies might be bumped by new entrants that we like more!)

Next up is PMC-Sierra (Nasdaq: PMCS). Despite the recent strong financial performance of PMC-Sierra, we`re cutting the company from our list because it`s in the semiconductor business (on the networking side, in this case). As we`ve said, we believe that our one investment -- Intel (Nasdaq: INTC) -- in this general industry is enough exposure for a portfolio that will only own six to eight companies total. Our best wishes to PMC-Sierra.

To discuss these companies and Dripping in general, visit us on the Drip Companies board.

Our December purchases
We`re sending $100 this week to buy more Intel in December. We also sent $50 to PepsiCo (NYSE: PEP). Our shares to start the Pepsi Drip are on record with the transfer agent, so we sent money to get the plan rollin` and to get a plan statement. We don`t know when this money will be invested, but most likely the $50 will be deducted from our January $100 investment.

Industry Focus 2001
The soon-to-be released Motley Fool Industry Focus 2001 product offers an up-close, new study of 17 sectors and 18 interesting investments chosen by Fool writers for 2001 and beyond. This annual product is one of the Fool`s most popular. You can even preorder it for a discount.

[Amt]

11-27-00 02:00:45 P.m. Anteile der B2B-Firmen tauchen nach Mischzusammenfassungen



Los Angeles, Nov. 27 (Reuters) - die Anteilpreise der Geschäft-zu-Geschäft Internet-Firmen Commerce One Inc. (CMRC.o) und Ariba Inc. (ARBA.o) schob am Montag nach Mischanalytikerberichten über die Aussicht des Sektors. Die zwei Konkurrenten, die Software und Dienstleistungen für das Handeln zwischen Kunden und Lieferanten über dem Internet zur Verfügung stellen, gehörten zu den 10 Oberseite gehandelten Ausgaben auf dem Nasdaq und gaben Verluste zwischen 9 und 11 Prozent im Mittagshandel bekannt. Ariba verlor 11 Prozent oder $8-5/8, bis $69-13/16, während Handel man 9,24 Prozent fiel, oder $3-11/16, bis $35-5/8. Die Anteile waren Mischzusammenfassungen in den Reports der Analytiker gegeben worden. Analytiker David Mahoney des Esprits SoundView senkte seine Bewertung auf beiden Firmen zum Einfluß vom Kauf. Er verringerte sein Preisziel auf Ariba bis $52 und auf Handel einer bis $39. Er senkte auch seine Einkommenschätzungen Ariba für die 2001 und 2002 steuerlichen Jahre. " während Ariba und Handel man erheblich gefallen sind, glauben wir noch nicht, daß die Aktienpreise des currect ausreichend die begrenzte Gelegenheit für einfache Beschaffung und Marktanwendungen reflektieren, " ihm schrieben in einen Report. Anteile beider Firmen sind hinunter ungefähr 45 Prozent- seit November 6 unter Investorpessimismus, daß die Firmen zu wiederkehrenden Einkommen des garner in der LageSIND, anstatt einmaligeseinkommen, von den Marktverhandlungen. Maklertätigkeit SG Cowen reiterierte seine starke Kaufbewertung auf Handel ein amd Ariba. Früh am Tag sagte Ariba, daß es durch pharmazeutisches riesiges Pfizer Inc. (PFE.n) ausgewählt wurde um sein Onlinebeschaffung System anzufassen.






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[Prognose1]

27.11.2000

SG Cowen brokerage reiterated its strong buy rating on Commerce One amd Ariba.

[Prognose1]

und:


The gist of Maloney`s research rests on increasing competition for Ariba and Commerce One.

Bear Stearns issued a more positive report on the companies.
"At current valuations, e-procurement enablers offer "growth at a realistic price" to the average investor," analyst Kaushik Shridharani wrote in a report. He said that e-procurement enablers have a risk/opportunity profile different to that of other technology stocks, and their focus on cost savings makes them an attractive play on concerns about a slowdown in the economy.
The sharp declines over the past month are "not justified by fundamentals," Shridharani added, though he said there was some justifiable concern over "dot-com exposure" through sales and some sharing of revenue and equity.
Bear Stearns reiterated its Aug 2001 price targets for Ariba and Commerce One as well as Clarus Corp (Nasdaq: CLRS) which are, respectively $180, $75, and $130 per share.
In other news, Commerce One announced it is powering GTWeb Korea, a new e-marketplace in Korea which will offer businesses real-time buying and selling capabilities, helping buyers access a vast network of suppliers and lower purchasing costs.
The company called its deal with GTWeb a major milestone in its effort to move business trade online throughout Asia. The deal is a joint venture between Commerce One and some of the largest conglomerates in Korea such as: LG Electronics; car manufacturer Hyundai; information and telecommunications giant Dacom; Kumho Group, a conglomerate focusing in tires, petrochemicals, transportation, aviation and construction; and Samyang Corp., which specializes in polyester, food, livestock feed, chemicals and environmental engineering.

[Prognose1]

und ......... 27.11.00

Thus, Wit Soundview`s downgrade drives people out of Ariba, even though the analyst said nothing new.

Mahoney basically says running a B2B marketplace will not be as profitable as the pioneers envisioned. He cites the conclusions of a Gartner Group e-business conference earlier this year: "Hub-and-Spoke marketplaces will be used only for low-value transactions ... Vertical marketplaces will become non-profit cooperatives supported by industry participants... The value marketplaces currently add will quickly become commoditized."

The Wit Soundview analyst now believes the real money is in supply chain planning, because manufacturers don`t buy core goods from just anyone; when it comes to the most important parts, a company works closely with a small group of suppliers who have intimate knowledge of the buyer`s business data. Unfortunately for Ariba and Commerce One, supply chain management is the province of ERP vendors like SAP (NYSE: SAP), Oracle (Nasdaq: ORCL) and Manugistics (Nasdaq: MANU).

Bottom line for Mahoney: Ariba and Commerce are overvalued.

This is not an original thesis. Mahoney is not the first person to articulate it, and today`s report isn`t even the first time Mahoney himself has floated the idea. "Both stocks have (already) come down sharply since we published our observations from Gartner`s B2B Marketplace conference," Mahoney writes.

In fact, Bears Stearns analyst Kaushik Shridharani in his research note says the same thing: nothing has changed for the B2B sector. "There have not been any announcements significant to business e-commerce to warrant such a sharp decline in valuation," Shridharani writes today.

Shridharani reiterated triple-digit price targets for Ariba, Commerce One and Clarus (Nasdaq: CLRS). The Bear Stearns researcher doesn`t question the basic assumptions of the B2B proponents, but simply compares B2B stocks to other major software vendors. He points out that based on expected revenue growth, the B2B marketplace folks trade at far lower multiples than big technology names such as Microsoft (Nasdaq: MSFT) and Oracle.

Despite that valuation gap and despite the lack of any empirical evidence to indicate Ariba the company is going to tank anytime soon, investors are sending ARBA the stock lower on the opinion of one analyst working for an investment bank that, while certainly well-known in the technology industry, wouldn`t qualify for the top tier of Big Names.

That tells you all you need to know about the market`s nervousness. It needs a big reason to turn around. Nothing has appeared yet.

[Rodriguez]

Welche Auswirkungen hat die herabstufung von "buy" auf
"hold" für Commerce One?

Hoffentlich geht der Kurs nicht unter 38$, denn dann sehe ich bis 30$
keine gute unterstützung mehr!

Bin seit ende letzten Jahres dabei und bin mit 50% dick im MINUS!

Hoffe die unterstützung hält und wir sehen wieder hohe Kurse!!


mfg, Rodriguez

[Prognose1]

Na, die Auswirkung, daß der Analyst mit der Herabstufung ein Kursziel von $ 39 gegeben hat.

Wenigstens einer hat Ariba verteidigt:

Merrill defends ARBA
--3:41 pm - By Tomi Kilgore
Analyst Christopher Shilakes at Merrill Lynch said a competitor`s downgrade of Ariba (ARBA: news, msgs) wasn`t based on news but on "rehashed concerns about valuation and market opportunity in e-procurement." Earlier, Wit SoundView downgraded Ariba to a "hold" from a "buy" (see 12:11 item). Shilakes pointed out that Ariba is "perhaps the fastest growing software company in history," and could top $1 billion in sales in the coming year. "We believe the amount of potential upside to the ARBA model remains significant," he added. The stock is down $10.44, or 13 percent, to $68. The intraday range has been $81-$66.25.

[Prognose1]

Und jetzt noch etwas detaillierter, wobei der Analyst mit der Beschreibung der derzeitigen Produkt-Leistungsfähigkeit beider Softwareanbieter (CMRC und ARBA) Recht hat !:


Ariba, Commerce One shares hit on analyst comment
By Bloomberg News
November 27, 2000, 2:50 p.m. PT
URL: http://news.cnet.com/news/0-1007-200-3878450.html
Shares of Ariba and Commerce One fell Monday after an analyst said the companies` stock prices do not reflect weaker demand than initially expected for their Internet-software products.

Ariba ended the regular session down $11.44, or 15 percent, to $67 on the Nasdaq. Commerce One fell $3.25, or about 8 percent, to $36 on the Nasdaq. Analyst David Mahoney at Wit SoundView lowered his ratings on both stocks from "buy" to "hold" in a note to clients posted on Wit SoundView`s Web site.

Mahoney said both companies were once valued as if their software would power all transactions between businesses over the Internet. Now, the opportunity for their "simple procurement and marketplace applications" is "limited," he wrote.

"There is likely to be further downside to them and the other players in the next week or two," said Richard Williams, an analyst at Jefferies & Co., who has a "hold" rating on both companies. "They are still in a situation where they can`t satisfy their first bunch of customers, and until they do that they can`t go out and get more."

Mahoney`s comments, as well as concerns about the slowing pace of new-contract announcements at both companies, pushed the shares down, Williams said.

Shares of Pleasanton, Calif.-based Commerce One have lost 78 percent of their value since the stock touched a record $165.50 last December. Ariba, based in Mountain View, Calif., has dropped 63 percent from a March high of $183.34.

[Prognose1]

Im Detail:
Im Prinzip hat der Analyst mit seinen Bedenken hinsichtlich der derzeitigen Leistungsfähigkeit von CMRC und ARBA - Software Recht !:

Ariba, Commerce One shares hit on analyst comment
By Bloomberg News
November 27, 2000, 2:50 p.m. PT
URL: http://news.cnet.com/news/0-1007-200-3878450.html
Shares of Ariba and Commerce One fell Monday after an analyst said the companies` stock prices do not reflect weaker demand than initially expected for their Internet-software products.

Ariba ended the regular session down $11.44, or 15 percent, to $67 on the Nasdaq. Commerce One fell $3.25, or about 8 percent, to $36 on the Nasdaq. Analyst David Mahoney at Wit SoundView lowered his ratings on both stocks from "buy" to "hold" in a note to clients posted on Wit SoundView`s Web site.

Mahoney said both companies were once valued as if their software would power all transactions between businesses over the Internet. Now, the opportunity for their "simple procurement and marketplace applications" is "limited," he wrote.

"There is likely to be further downside to them and the other players in the next week or two," said Richard Williams, an analyst at Jefferies & Co., who has a "hold" rating on both companies. "They are still in a situation where they can`t satisfy their first bunch of customers, and until they do that they can`t go out and get more."

Mahoney`s comments, as well as concerns about the slowing pace of new-contract announcements at both companies, pushed the shares down, Williams said.

Shares of Pleasanton, Calif.-based Commerce One have lost 78 percent of their value since the stock touched a record $165.50 last December. Ariba, based in Mountain View, Calif., has dropped 63 percent from a March high of $183.34.

[Prognose1]

Ariba, Commerce One shares hit on analyst comment
By Bloomberg News
November 27, 2000, 2:50 p.m. PT
URL: http://news.cnet.com/news/0-1007-200-3878450.html
Shares of Ariba and Commerce One fell Monday after an analyst said the companies` stock prices do not reflect weaker demand than initially expected for their Internet-software products.

Ariba ended the regular session down $11.44, or 15 percent, to $67 on the Nasdaq. Commerce One fell $3.25, or about 8 percent, to $36 on the Nasdaq. Analyst David Mahoney at Wit SoundView lowered his ratings on both stocks from "buy" to "hold" in a note to clients posted on Wit SoundView`s Web site.

Mahoney said both companies were once valued as if their software would power all transactions between businesses over the Internet. Now, the opportunity for their "simple procurement and marketplace applications" is "limited," he wrote.

"There is likely to be further downside to them and the other players in the next week or two," said Richard Williams, an analyst at Jefferies & Co., who has a "hold" rating on both companies. "They are still in a situation where they can`t satisfy their first bunch of customers, and until they do that they can`t go out and get more."

Mahoney`s comments, as well as concerns about the slowing pace of new-contract announcements at both companies, pushed the shares down, Williams said.

Shares of Pleasanton, Calif.-based Commerce One have lost 78 percent of their value since the stock touched a record $165.50 last December. Ariba, based in Mountain View, Calif., has dropped 63 percent from a March high of $183.34.

[Prognose1]

Sorry,

das Einfügen von Threats dauert anscheinend nicht nur 5 sek, manchmal anscheinend 5 min.

[Prognose1]

@ Alle

Bitte lesen und kommentieren - Danke !


http://www.witsoundview.com/research/reports/arba_20001127/a…

[Prognose1]

Das bringt noch etwas Licht ins Dunkel:

Ariba and Commerce One May Not Connect With B2B`s Sweet Spot
By Joe Bousquin
Senior Writer
11/27/00 8:46 PM ET
URL: http://www.thestreet.com/tech/internet/1188380.html



The power of putting something in writing was on display Monday when Wit Soundview released a report that stated something people who watch business-to-business stocks had only talked about.

Analyst David Mahoney raised serious questions about whether Ariba(ARBA:Nasdaq) and Commerce One(CMRC:Nasdaq) actually have the tools to attack the entire B2B market. Mahoney also downgraded the stocks to holds from buys. And his actions knocked 15% off Ariba`s stock price and 8.3% off Commerce One`s. (His firm hasn`t done underwriting for either.)

Mahoney said Ariba and Commerce One offer great software for buying "indirect materials," or office supplies, over the Internet, something he called "low-hanging fruit."

But there`s a lot more to B2B. For instance, companies need information on inventory projections and lead times, and they need to be able to swap information with suppliers. The real opportunities lie in software that offers these capabilities, he contends.

And companies like i2 Technologies(ITWO:Nasdaq), Manugistics(MANU:Nasdaq), Tibco(TIBX:Nasdaq) and Vitria Technology(VITR, which make complex software to manage inventory and supply chains or to integrate systems that do, are better positioned, he says. (Wit rates i2 and Vitria strong buys, Manugistics a buy and doesn`t cover Tibco. Of those companies, Wit has done underwriting only for Vitria.)

Ariba and Commerce One have taken stabs at this market, which mainly involves so-called direct materials, or stuff actually used in the manufacturing process. They`ve attacked it through various partnerships and by building software that allows companies to buy direct materials in electronic marketplaces on the Internet.

Lots of big companies hyped these marketplaces earlier this year as commerce panaceas that would bring buyers and sellers together like never before, saying that companies could control how much they spent on direct materials, which would ultimately lead to lower production costs.

The problem, in Mahoney`s view, is that this "direct" part of B2B isn`t really about buying things as much as it is about coordinating how and when they`re bought. Most companies already have relationships with preferred suppliers -- and they`re very picky about them. So bringing together buyers and suppliers isn`t the problem. Getting them to work together efficiently is.

"We`re talking about sharing information across the supply chain or marketplace so that your suppliers and your suppliers` suppliers know what`s going into the end product that your customer is buying so they can plan accordingly," Mahoney says. "Then, having that information flow back up to the top so that planners get a much better sense of what the lead time is."

Mahoney says it`s a lot easier for other companies to develop software that mimics what Ariba and Commerce One do than it is for those two to build the complex software that their partners have been working on for years. This in turn could give Ariba and Commerce One less pull in their partnerships. Analysts already are talking about the coming demise of the Ariba partnership with i2 and IBM (IBM:NYSE).

In addition, Mahoney says Ariba and Commerce One are being hit with backlash from the unbridled enthusiasm about B2B last spring.

Of course, there are plenty of opposing views on Wall Street. Bear Stearns analyst Kaushik Shridharani put out a note Monday calling Ariba, Commerce One and the beleaguered Clarus(CLRS:Nasdaq) "realistically" priced. (He rates all three strong buy, and his firm hasn`t done underwriting for them.) And Chris Vroom, an analyst at Credit Suisse First Boston, wrote Monday that the current "edginess" in B2B stocks is a buying opportunity.

But neither of those notes, or a new customer that Commerce One announced Monday, helped the stocks.



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[Prognose1]

Oh Gott, Commerce One hat die $ 30,5 gestreift.

Lasset uns beten !