Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Commerce One Inc - (CMRC) -- Ignore unavailable to you. Want to Upgrade?

To: sam who wrote (777)	1/28/2000 4:02:00 PM
From: Mohan Marette	Read Replies (2) \| Respond to of 1938

NEWS ON GM & CMRC AUCTIONS General Motors Raises $1.8 Million At Internet Auction Dow Jones Online News, Thursday, January 27, 2000 at 17:34 NEW YORK -(Dow Jones)- General Motors Corp., pushing ahead with its online partership with Commerce One Inc., said it raised $1.8 million at Thursday's business-to-business auction through its new Internet site. The Detroit-based company (GM) said it sold seven stamping presses as part of its global asset recovery program through its online system, called GM TradeXchange. GM set up the system with Walnut Creek, Calif.-based technology concern Commerce One (CMRC) in November as a way to trade with suppliers and conducted about $1 million in business on it last year. The company expects to do $50 billion in business through the system by the end of this year. Copyright (c) 2000 Dow Jones & Company, Inc.