WooHoo!!!!!
Dear Friend of ONSALE:
It is my pleasure to let you know that ONSALE and Yahoo! are teaming up to create a new, enhanced person-to-person auction service. The site goes live today at 5:00 a.m., Pacific Daylight Time. This new site is located at auctions.yahoo.com., and will operate using the ONSALE Exchange technology.
I hope you will see the advantages of expanding our community to include the millions of people who visit Yahoo! every day. Yahoo! is a place where buyers and sellers meet, so this new interactive marketplace means more buyers for your auction items, as well as a broader selection of items to bid on. Best of all, this new joint service is free - no commissions, listing fees, or other charges will apply!
If you are currently bidding on an item or have an open auction on the ONSALE Exchange, please note that the current auctions will continue until they close, but they will now appear on Yahoo! Auctions. You can then choose to transfer your account to Yahoo! Auctions by visiting the ONSALE Exchange, where instructions on registering for the new service are provided. Note that your personal information will not be transferred to Yahoo! Auctions unless you register for the new service. This will preserve your ratings and sales history.
I want to take this opportunity to thank you for joining our ONSALE Exchange community, and for participating in our person-to-person auctions. I hope that you are as excited as we are about expanding the service with Yahoo!, and that you will continue to let us serve you in this new forum.
See you in cyberspace!
Jerry Kaplan Chief Executive Officer
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