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Non-Tech : The WOLF PACK

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To: Mike Perras who wrote (1675)	12/17/2000 1:54:15 AM
From: CBurnett	of 1692

the quarter, Bid.Com experienced a number of non-operational items that warrant highlighting: . We realized an accounting gain $20.7 million on the disposition of our of investment in Quack.com. In exchange for our shares in Quick.com, we received shares in America Online (AOL), which have been valued with an appropriate discount factor. . We recorded an adjustment of $573,000 2000. to reflect the market value of AOL shares at September 30, 2000 . To reflect the volatility of recent market conditions, impairment special provision for strategic we investments. recorded a $2.9 million

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