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Ariba Technologies (Nasdaq-ARBA)
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who wrote (
12/29/2001 8:49:48 AM
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Yesterday was a strong day for Ariba considering the market was flat and Ariba was up 10%. There was an article (WSJ?)stating that the annual rebalancing of the NASDAQ sometimes results in the casting off of companies which have already suffered through all their bad news. Perhaps with this selling pressure gone and the end of tax loss selling, Ariba will show some strength.
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