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To: Thomas A Watson who wrote (10054)5/10/2002 11:41:41 AM
From: Ms. Baby Boomer  Respond to of 14451
 
Yeah & sometimes The Yahoos! sound like some Yahooligans have wandered to SGI board, LOL...

BTW, pcs/servers garage sale...note #s from competitors!?!?...

DoubleTwist Auction Coded With Savings for All

Genetic Database Pioneer Adds New Twist to Live Auctions

REDWOOD CITY, Calif., May 10 /PRNewswire/ -- AuctioNet, (http://www.AuctioNet.com ) today announced an onsite, live auction of the complete equipment inventory of DoubleTwist, a once-leading provider of genomic information and bioinformatics analysis technologies. This one-day, live auction event showcases top of the line biotechnology equipment, and provides a unique opportunity for a variety of businesses to obtain top of the line equipment at desirable, auction prices.

"Businesses in all fields are discovering auctions as an excellent means of procuring top of the line goods for their companies at substantial savings over retail," said Maureen Cunningham, EVP of AuctioNet. "This event offers biotechnology firms the opportunity to discover steep savings on the technological tools they need. Additionally, there are also great deals to be had for all of our regular buyers as well."

Consumers will find over 100 Dell laptops, hundreds of 17", 19" and 21" monitors, as well as Epson projectors, SGI desktops and Dell desktop computers available at the DoubleTwist auction. Of special interest is the 42" Plasma Screen Monitor, complete with carrying case and remote. Resellers and businesses will be awestruck by the breadth and depth of servers, storage devices, and hubs in this auction.

"This server room is one of the most impressive we've ever seen," continued Cunningham. "The sheer number of Sun Enterprise servers alone will make our most dedicated resellers swoon."

The DoubleTwist auction takes place on Tuesday, May 14 at 11:00 a.m. Sharp. There are two opportunities for potential buyers to preview the goods in the auction, Monday, May 13, 2002 from 9:00 a.m. to 5:00 p.m., and Tuesday, May 14, 2002 from 9:00 a.m. to 10:45 a.m. Both preview and the auction are located at 2001 Broadway Ave in Oakland, CA. Maps, directions, catalogs for the auction, and photographs of the inventory are available online at

auctionet.com . More information can also be obtained by calling AuctioNet's Auction Hotline at 650-817-9295.

About AuctioNet

AuctioNet, Inc. is a leading national specialty auction house offering capital recovery services and asset valuations. The company specializes in remarketing high technology equipment and inventories, as well as complete facility auctions.

Founded in 1995, AuctioNet's services include auction sale value analysis, inventory relocation, leased equipment analysis and reconciliation, onsite auctions, online auctions, auction webcasts, orderly liquidations, and sealed-bid sales. AuctioNet's clients include crisis management firms, financial institutions, venture capital firms, asset-based lenders, and secured lenders.

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SOURCE AuctioNet

/CONTACT: Greg Quiroga, Director of AuctioNet, +1-650-817-9283, or gregq@auctionet.com/

/Web site: auctionet.com

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