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To: KeepItSimple who wrote (88647)	12/27/1999 4:49:00 AM
From: KeepItSimple	Read Replies (1) \| Respond to of 164684

One note- be careful with market orders on options. I know Amazon in particular got a special exemption from the normal rules of fair trade, so their market makers can literally lower or raise the option price by 2 or 3 points if you make the mistake of entering a market order.. With big cap old-school tech, usually no problem. with NYSE, never a problem. but get the wrong nasdung MM, and you can get ripped off in a heartbeat.

To: KeepItSimple who wrote (88647)	12/27/1999 1:54:00 PM
From: Eric Wells	Respond to of 164684

Jay Walker, CEO of PCLN, is on CNBC as I type - apparently Priceline's new Perfect YardSale site is not being positioned as an "auction" site. Walker describes it as a name-your-own-price site for used household items. He gives the example of a seller advertising a used VCR on the site, and interested buyers submitting prices they would be willing to pay. He even said something to the effect of "buyers will have the chance to go and view and inspect the used merchandise before submitting their own prices" - assuming buyer and seller are in the same city - and even then, in somewhat close geographic proximity to each other (I can't imagine driving across San Francisco to view a used VCR and then driving back home to submit a bid) - but I kid you not, this is what he said. Doesn't seem like Priceline has completely flushed out this Perfect YardSale idea. -Eric