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Technology Stocks : Autoweb IPO 3/22/99 AWEB -- Ignore unavailable to you. Want to Upgrade?

To: Paul Dubsky who wrote (161)	3/26/1999 7:42:00 AM
From: Pluvia	Read Replies (1) \| Respond to of 696

BUYER BEWARE - AWEB Admits Business Plan Not Working - From Prospectus... **************** ~ a number of our member dealers were not satisfied with our service as subscription-based member dealers; ~ a number of member dealers were unwilling to adequately devote the resources required to obtain results from the performance-based model, such as contacting consumers who submitted a purchase inquiry within 24 hours and dedicating a person at the dealer to ensure compliance with the Autoweb.com purchase process; and ~ a number of member dealers were inadequately trained and supported by us, due to our inability to focus our resources adequately. *********************

To: Paul Dubsky who wrote (161)	3/26/1999 7:45:00 AM
From: Pluvia	Respond to of 696

BUYER BEWARE - State of Texas says AWEB Business Plan is Illegal - From Prospectus... ********************** The state of Texas has challenged our pricing model under their Motor Vehicle Code. In May 1998, the Texas Department of Transportation notified us that, in their opinion, our performance-based pricing model is illegal, because it makes us a broker under Texas law. They have taken the position that the fee paid to us by member dealers for each qualified purchase inquiry is equivalent to a finder's or broker's fee and that we are arranging for two persons to meet and enter into a transaction that involves the sale of a motor vehicle. **********************