The B2B Draft Hits New Heights

"We have seen the top in the B2B market."

Join the discussion on Cramer's Latest, go to the Red Hots Forum, or visit our B2B Forum.

That's the judgment Jeff Berkowitz rendered when he poked his head into the Cramer Berkowitz conference room after he heard the roars of laughter coming from our B2B draft.

"You don't get that kind of laughing at the bottom," he pointed out sagely. Indeed, the draft has come and the yuks with them. We didn't do a traditional NFL-type draft, instead putting all of the names into a TheStreet.com coffee cup and picking them out one by one and then bidding on them. With a mythical one million dollars at stake and each team requiring ten players, the bidding was quite spirited -- so spirited that you will have to wait until after the close to find out how each round went.

In the meantime, here are the teams:

B2B DRAFT: JIM
Stock	$ Allocated	11/26 Price	Shares Owned
CareInsite (CARI:Nasdaq)	25,000	52.25	478
BEA Systems (BEAS:Nasdaq)	125,000	94.50	1,322.75
Ask Jeeves (ASKJ:Nasdaq)	125,000	141.13	886
Proxicom (PXCM:Nasdaq)	100,000	70.75	1,413
Viant (VIAN:Nasdaq)	50,000	86.88	576
Retek (RETK:Nasdaq)	25,000	52	481
VerticalNet (VERT:Nasdaq)	150,000	94.25	1,592
Commerce One (CMRC:Nasdaq)	125,000	317.88	393
Ariba (ARBA:Nasdaq)	150,000	200.75	747
PurchasePro.com (PPRO:Nasdaq)	125,000	138.44	903

B2B DRAFT: MATT
Stock	$ Allocated	11/26 Price	Shares Owned
Verisign (VRSN:Nasdaq)	175,000	198	884
Scient (SCNT:Nasdaq)	125,000	140.50	890
Stamps.com (STMP:Nasdaq)	50,000	83.94	596
BroadVision (BVSN:Nasdaq)	175,000	111	1,577
Internet Capital (ICGE:Nasdaq)	175,000	169.13	1,035
Siebel (SEBL:Nasdaq)	50,000	71.25	702
Tibco (TIBX:Nasdaq)	25,000	114	219
Razorfish (RAZF:Nasdaq)	25,000	72.69	344
Oracle (ORCL:Nasdaq)	50,000	73.63	679
Sapient (SAPE:Nasdaq)	150,000	79.75	1,881

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