Navidec NVDC today $11 UP ^+1 Autobytel ABTL 23 1/8 UP ^+7 3/8 while Market DOWN BIG, 9th worse day ever..."CORRECTION DAY 3"
Why don't those other internet stocks get a real job, like selling E-Cars?
For those that asked, I do not have an electronic copy of the Wallstreet article on Navidec's latest wholly owned subsidiary, but I have the infobeat version of the DriveOff.com, Incorporated:
infobeat.com
From infobeat May 25, 1999:
Navidec plans auto-sales Web site
ENGLEWOOD, Colo. (AP) - Web site developer Navidec Inc. said it
will launch
DriveOff.com, a site that allows car buyers to obtain financing
terms, a price quote and make a purchase agreement over the Internet.
DriveOff.com will work with a new national alliance of automotive
dealers, the Internet Automobile Dealers Marketing Alliance. The Web
site, which features new cars, is expected to be launched this summer,
the company said in a statement. After putting down a $500 refundable
credit-card deposit, consumers using the DriveOff.com Web site specify
the vehicle they are looking for and receive a binding price quote. See
full story:
infobeat.com
10:37 AM ET 05/25/99
Navidec Plans Auto-Sales Web Site
Navidec Plans Auto-Sales Web Site
ENGLEWOOD, Colo. (AP) _ Web site developer Navidec Inc. said
today it will launch DriveOff.com, a site that allows car buyers to
obtain financing terms, a price quote and make a purchase agreement
over the Internet.
DriveOff.com will work with a new national alliance of
automotive dealers, the Internet Automobile Dealers Marketing
Alliance. The Web site, which features new cars, is expected to be
launched this summer, the company said in a statement.
After putting down a $500 refundable credit-card deposit,
consumers using the DriveOff.com Web site specify the vehicle they
are looking for and receive a binding price quote. The site will
allow users to set up financing and compare leasing and purchasing
options.
Internet car buyers receive a closing kit by overnight mail
covering the full amount of the vehicle purchase along with the
documents needed to complete the transaction. A participating
dealer meets the customer in person to deliver the vehicle.
Englewood-based Navidec's current auto Web sites, CarWizard.com,
LeaseSource.com and USWheels.com, will be moved to a new wholly
owned subsidiary, DriveOff.com Inc., which will operate the
Driveoff.com Web site.
My prediction: ABTL and AWEB and NVDC will climb Friday,
.......................................last chance until Tuesday,
................regular traders get three business days to settle,
...they can buy and pay for it Next Thursday = More Friday Buy Volume |
