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1) Line56.com | Lead Story: Commerce One Posts $2BN Loss: Commerce One has announced an alarming U.S. $2 billion loss for its
second quarter, the bulk derived from non-cash charges of $1.7
billion resulting from "the impairment of intangible assets and
equity investments," and a restructuring charge of U.S. $62 million.
One analyst observes "They’ve been pretty low to the ground in terms
of making a market. I’ve been waiting for them to propel themselves.
The curious thing here is that, in terms of being acquired, it
doesn't look at this point as if SAP is in a position to acquire
them. Commerce One might not be such a strategic purchase at this
point." |
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