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To: Fact4 who wrote (26)	3/26/1999 10:03:00 AM
From: PHowe	Respond to of 64

Well these guys finally got it right. The previous two press releases were on friday afternoons, not realizing no one reads the news over the weekend. I have talked to the operations people and the executive staff, they seem "real" if not overconfident. They plan to sell cars direct to consumers on the internet and in showrooms. They will charge 2% over invoice. The say the dealers still get to make some money but they control the process unlike Autobytel who just refers. Small float and outstanding. Page