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Technology Stocks : eBay - Superb Internet Business Model -- Ignore unavailable to you. Want to Upgrade?

To: J. C. Dithers who wrote (2009)	3/7/1999 11:10:00 AM
From: trenzich	Respond to of 7772

Securities Resolution Advisors, Inc. Announces New Symbol WORCESTER, Mass.--(BUSINESS WIRE)--March 4, 1999--Securities Resolution Advisors, Inc. (Formally OTC BB: SRAD) announced today that its stock has begun trading under the new symbol (OTC BB: PAID - news). In addition, the majority shareholders have approved the amendment of the company's name from Securities Resolution Advisors, Inc. to Sales On Line Direct Inc. The name change was effectuated to better reflect the new direction of the company's Internet business. Sales On Line Direct Inc. -- is a holding company that has the following entities under its corporate umbrella: Auction Inc. Division -- A public person-to-person trading community that offers sellers a vehicle for listing items for sale. Buyers can browse for items, which are topically arranged and bid for through a fully automated, exciting, and easy to use online service. The Auction Inc. division is in competition with other Internet companies such as eBay Inc., uBid Inc., Onsale Inc., Excite Auction, and Yahoo Auction. The web-site is located at www.auctioninc.com Rotman Auction Division - A full service consignment auction house, has been in business for over 20 years. Rotman Auction provides a full range of services to sellers and buyers including live on-line bidding of premier collectibles, consignment services, authentication of merchandise, digital photography, and the purchase and sale of authentic memorabilia. Richard Rotman the officer in charge of this division stated ''the success of Rotman Auction has been the authentication of its merchandise and the assurance that the collectibles are genuine. In addition, we focus on offering outstanding customer service, attention detail, and quality care to each collectible.'' Rotman Auction is in competition with other companies such as Sotheby's Holding, Inc. (NYSE: BID - news). The web-site is located at www.rotmanauction.com World Wide Collectors Digest Division (WWCD) -- Established in 1994, this division is the company's premier e-commerce website for dealers in the collectibles community. WWCD's state-of-the-art software will allow clients to create online storefronts, set prices, and sell directly to online shoppers. WWCD contains many facets including classifieds, live sports scores, live chats, a full listing of stadium and arenas with seating charts, directions and other pertinent information. WWCD provides online shoppers with a broad selection of unique collectible merchandise through its web-site. WWCD is in competition with other companies such as Shop At Home (Nasdaq: SATH - news). The web-site is located at www.wwcd.com Internet Collectibles Division -- maintains a substantial inventory in memorabilia of popular and historical significance. ''We are pleased to have consolidated various aspects of the collectible industry under one umbrella. Now online shoppers and businesses can access all the services and resources they need from one company on the Internet. We believe the more help we can provide to the seller with respect to marketing, sales, and control over their businesses, the more likely both the seller and buyer will be satisfied,'' added Marc Stengel, vice president of Auction, Inc. This release contains forward-looking statements with the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Although the Company believes that the expectations reflected in the forward-looking statements and assumptions upon which forward-looking statements are based are reasonable, it can give no assurance that such expectations and assumptions will prove to have been correct.

To: J. C. Dithers who wrote (2009)	3/7/1999 11:31:00 AM
From: John P. Henrie	Read Replies (2) \| Respond to of 7772

RE: I appreciate your honest response. I also believe the Internet will revolutionize commerce. However, I am not convinced that the YHOOs, AMZNs, and EBAYs can maintain their "Captive Audience". I am also not convinced that these companies can generate the profits necessary to support present valuations. I shop on the Internet. Neither, YHOO, AMZN, EBAY or any other Internet company has me captivated. With a couple of clicks of my key board, I can compare the price and shipping costs of any product offered on the Internet. The cost of comparison shopping is almost nothing. One of the great benefits of the Internet will be to remove the middle person and increase competition, causing product prices to drop and profit margins to constrict. I have watched the Internet companies experience substantial revenues growth (note: in relation to their present market capitalization the growth is insignificant). Even with great gross margins, they have made very little money or have lost money. What magic wand will it take to turn these companies into profit machines. No one has ever had a reasonable answer. I think the weak link in the Internet chain is your professed strngth. I do no believe these companies will be able to keep their audiences captive. Its just to easy to go somewhere else in cyberspace. The cost of comparison shopping has been practically eliminated. Profit margins will not improve but decline. JP Henrie