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Technology Stocks : TECD - Tech Data

TECD 144.90

0.0%

Jun 30 5:00 PM EST

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To: Joe Reich who wrote (455)	2/18/1999 8:56:00 AM
From: Dale Stempson	of 584

TECD is mentioned in a Motley Fool ONSL article: "Onsale and the Future of E-Commerce" (snip) "While this model has been entertained in whole or in part by other companies, Onsale may be the first major etailer to approach it straight on after trying other models. The result is AtCost. This site was launched January 19 and is initially selling a broad line of 31,000 new computer products through a partnership with Tech Data (Nasdaq: TECD), a distributor with $11.5 billion in annual sales. Onsale is also talking to other distributors, with consumer electronics being a likely area for expansion. The way AtCost works is that customers pay Onsale a product's wholesale cost plus some charges: -- a transaction fee (minimum of $5 per order; maximum of $10 per item ordered) -- a credit card payment processing fee of 2.4% of the purchase price -- shipping charges -- taxes, if applicable" Link: fool.com Regards - Dale

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