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To: H James Morris who wrote (140793)	3/19/2002 9:54:16 PM
From: Glenn D. Rudolph	Read Replies (1) \| Respond to of 164685

"I think LA has really cleaned up its smog problem. Everytime I go up there the air is very clean." Compared to what you are use to;-) "Hey, how about the Jewelers up in Seattle, are you experiencing the same? Of course they have a much larger population than yours." I was not quite sure what to make of that story. It surely was a mixed report. In my case, the two geographic markets are extremely strongs. Especially in the engagement ring and gold/chain divisions. Every time there is a recession, the undercapitalized competition fold. Debt is the kiss of death in the jewelry business which is very capital intensive. In Meadville I have very little competion left to lose. It is a small market. Erie is a much larger market and last year seven competitors folded. Business is up for us in both markets in the physical locations. The real growth story is our eBay store and auctions. We a doubling revenue every three weeks. You remeber Bill Harmond don't you? He said something about scaling. This is link is a snapshot of the jewelry stores on eBay in order of the numbers of products offered and more than likely sales. stores.ebay.com