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To: McNabb Brothers who wrote (25633)	11/11/1998 10:41:00 AM
From: Mike da bear	Read Replies (1) \| Respond to of 164687

One problem with I see long term with the Ebay approach is Fraud. I'm speaking of Fraud on the part of the people selling stuff at the auctions. When you buy something from Ebay you send a check or money order to the selling party. If they never send you the merchandise you're screwed. As with any scheme, some rip-off artists will try to scam people. Once there are significant press reports out, people will be scared to buy from this type of auction. An on-line auction company that comes up with an approach to avoid fraud will be a bigger winner. Maybe Ebay will change their approach and be that winner or maybe someone else will. mdb