bmannix

Brett Mannix

Real Money Earned: $0.93
Location: Bel Air, MD
Member Since: 1/29/08
Portfolio Total:$1,091,957.87

Stock Analysis: 1

Portfolio Start Date01/29/08
Annualized Return:3.6%
Total Return:9.2%

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Stock Pick by Brett Mannix

ARBA: Market Saturation

Start trading ARBA with real money!

Rate Analysis

3 ratings

Posted 536 days ago on 6/03/08

Market call:ARBA will go DOWN
Target: $12.50 on 6/03/09
Current: $11.13 (-24.80% from time of market call)

The market for ERP solutions is saturated as it is. Ariba will not be able to take market share from industry giants SAP and Oracle. On top of that the company has lost money is all of the last three fiscal years, Ariba seems to be going no where fast.

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