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Technology Stocks : ABLC - Ableauctions.com - EBAY with an attitude!

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To: LES READ who wrote (47)10/19/1999 12:18:00 AM
From: LES READ  Read Replies (1) of 70
 
Ableauctions.com seen in today's Globe and Mail -- Report on Business

Applies to -- ABLC -- AMZN -- BIDS -- EBAY -- ONSL -- UBID

Ableauctions.com seen in today's Globe and Mail -- Report on Business

BURNABY, B.C., Oct 18, 1999 (BUSINESS WIRE) -- Ableauctions.com, Inc.
(OTC BB:ABLC) (the "Company), a high tech business-to-business and
consumer auctioneer that conducts live auctions and simultaneously
broadcasts them over the Internet, is pleased to announce that the
company can be seen in today's Globe and Mail -- Report on Business, on
page B6.

There will be informative and up-to-date information on the Company as
well as reference to the announcement released last Friday where eBay
will host all of Ableauctions Silent Auction Inventory. The Globe and
Mail is a well known financial publication with national distribution.

About Ableauctions.com, Inc.

Ableauctions.com is a high tech business-to-business and consumer
auctioneer that conducts live auctions and simultaneously broadcasts
them over the Internet. The Company liquidates a broad range of
computers, electronics, office equipment, furniture, and industrial
equipment acquired through bankruptcies, insolvencies, and defaults.
Ableauctions.com's strategy is to position itself as a world class
Internet auction company. Ableauctions.com can be found on the World
Wide Web at www.ableauctions.com. Some of the other Company's that are
in the Internet auction industry include: E-bay (Nasdaq:EBAY), Amazon
(Nasdaq:AMZN), UBID (Nasdaq:UBID), Bid.com (Nasdaq:BIDS) and Onsale.com
(Nasdaq:ONSL).

Safe Harbor Statement

Some statements in the report are forward looking and are subject to
certain risks and uncertainties. These risks and uncertainties include,
but are not limited to, economic conditions, changes in law or
regulations, demand for products and services of the company and the
effect of competition. These risks and uncertainties could
significantly affect anticipated results in the future and actual
results may differ materially from any forward-looking statements.

Copyright (C) 1999 Business Wire. All rights reserved.

Distributed via COMTEX.
-0-
CONTACT: North Star Communications
Mitch Adam, Investor Relations: 1-877-684-8444
invest@ableauctions.com
www.ableauctions.com

WEB PAGE: businesswire.com

GEOGRAPHY: INTERNATIONAL CANADA NEW YORK

INDUSTRY CODE: INTERNET
COMPUTERS/ELECTRONICS
RETAIL

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