COMMERCE ONE INC.mit hohem Volumen 22%im Plus - 500 Beiträge pro Seite

[ottl2000]

Was ist los.

Am Mittwoch gibt`s Zahlen.

Weiss jemand mehr?

[MultiCash]

Wenn die auch noch den Turnaround schaffen,
dann glaub ich bald an den Weihnachtsmann!

[ottl2000]

Die steigen mit dem höchsten Volumen seit einem Jahr

BayStar Capital Management LLC hat investiert

Den Turnaround werden sie wohl NOCH nicht ereichen

[ottl2000]

Hier sind die News

PLEASANTON, Calif., Jul 10, 2003 (BUSINESS WIRE) -- Commerce One, Inc.
(NASDAQ: CMRC) announced today that it has received a $10 million investment from
BayStar Capital Management LLC, a private equity fund that invests in leading
edge companies in the technology and life sciences industries. Commerce One
intends to use the net proceeds from the financing for working capital purposes
and to further its efforts in support of its Composite Process Management
strategy and the recent launch of the Commerce One Conductor(TM) platform.

"BayStar`s investment reflects confidence in our product strategy and ability to
seize a leadership position in Composite Process Management," said Mark Hoffman,
CEO, president and chairman of Commerce One. "We expect this investment, along
with our other efforts, to enhance our traction with customers and partners for
the Commerce One Conductor platform."

Under the terms of the agreement, Commerce One issued shares of preferred stock
convertible into approximately 4.3 million shares of common stock and warrants
exercisable for approximately 2.2 million shares of common stock. The conversion
price of the preferred stock is approximately $2.32 per share, and the exercise
price of the warrants is approximately $2.71 per share. The 5-day average
closing bid price of Commerce One`s common stock through July 9, 2003 was
approximately $2.26, upon which the conversion and exercise prices were based.

"We are investing in Commerce One because it has the right product and the right
strategy at the right time," said Steven Lamar, managing partner of BayStar
Capital. "In our view, the market for Composite Process Management is
impressive, and we believe that the Commerce One Conductor platform positions
Commerce One to establish itself as an early market leader."

For more detailed information regarding the financing, please refer to Commerce
One`s Current Report on Form 8-K to be filed with the Securities and Exchange
Commission in connection with the financing.


Mal sehen was am Montag geht