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To: Cathedra who wrote (3220)5/18/1999 6:38:00 PM
From: FR1  Respond to of 7772
 
Saw the same thing on TV.

They remarked how ebay is buying its second brick-and-motar to complement the Internet strategy.

Interesting move and a good one.

ebay is taking experienced and established auction businesses and giving them a bridge to the internet. The businesses they buy will be enthusiastic and have a field day expanding into the internet.

Also good is the fact that ebay is sticking with a theme and not doing a shotgun purchase of businesses. This means that future buys by ebay will be targeted.

All good news for ebay owners.



To: Cathedra who wrote (3220)5/18/1999 8:26:00 PM
From: ShortyBear  Respond to of 7772
 
Looks like Ebay is trying very hard to sell cars over the
internet, which makes sense because cars cost a lot of
money and would therefore have high dollar commissions.

It is possible that the regional LA auction was another
attempt to do the same thing, however that attempt may not be
working well enough. One problem with selling cars over the
Internet is those customers who want to go for a test drive
go to a dealer, and the rest probably go to car websites that
have been around longer like autobytel.

For collectible cars, it would seem like direct inspection
is even more necessary than for new cars. Unfortunately,
it's not clear how the customer can inspect a car directly
over the Internet, so the Kruse acquisition may not pass
some people's "common sense" test. (However, even if the
synergy between Kruse and Ebay turns out to be weak, hopefully
Kruse didn't sell out because they are unprofitable, so they
should add something to the bottom line.)

In any case, I wonder what will prevent the owners of Kruse
from immediately cashing in their 2 Million shares on the
open market. I wonder if there is any way to prevent that?
Hopefully, they will at least average out over a few months.
Of course, they may be bullish enough on Ebay stock to hold
a some percentage and not diversify.



To: Cathedra who wrote (3220)5/18/1999 10:47:00 PM
From: GCAT  Read Replies (1) | Respond to of 7772
 
Kruse International was the talk of the town on the MLRE thread.(#908) Seems that they were (are?) to hold auctions at the Millionaire.com Global Auction Emporium at Hilton Head. Millionaire.com was supposed to come up with a Ebay style website, but it never happened. A substitute website was developed. They (MLRE) were under investigation for securities violations, but I haven't followed the outcome.



To: Cathedra who wrote (3220)5/20/1999 10:53:00 AM
From: WhipsawMcGraw  Respond to of 7772
 
Thursday May 20, 7:02 am Eastern Time

Company Press Release

Deerbrook Publishing Announces www.artup.com

Internet's Premier Art Auction Site To Go Online This Summer

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--May 20, 1999--Deerbrook Publishing Group (OTC BB:DBPG - news) has announced that the Internet's premier art auction web site, www.artup.com, will go online this summer and will feature in its first online auction original paintings, lithographs and bronzes from artists nationwide.

Information about the upcoming art auction and future retail showrooms is online now at www.artup.com. Collectors, dealers, advertisers, auction houses, and art enthusiasts can learn more about the summer event and register in advance as buyers or sellers of artwork online.

Registration is free and takes just a few minutes to complete. For the first time anyone who enjoys art will have the opportunity to view, bid and purchase one-of-a-kind works at fair market value online from anywhere in the world.

Sellers will have an unprecedented opportunity to display their artwork in virtual galleries, which because of the growth of the Internet, are likely to have higher traffic and higher visibility than many of the nation's most renowned brick and mortar establishments.

''Our vision for www.artup.com is an art gallery community that puts art within the reach of everyone. To accomplish this we are creating a site that captures the thrill of the art auction backed with the sophisticated technology that makes locating and purchasing the art object of choice fast and easy,'' said Keith Chesser, chief executive officer.

Artup.com will function as a reseller for the artists, galleries and individuals that display artwork on the site. The company will fund ongoing marketing campaigns to drive buyers to the site and artup.com will earn a 4% transaction fee on all sales.

Through the Internet's worldwide distribution capabilities, artup.com has the potential to bring together more buyers and sellers of art objects than ever before. This presents an excellent opportunity for cross marketing programs with strategic partners, and artup.com is seeking out companies offering complementary products and services.

The company is in the process of signing up galleries, collectors and individual subscribers to build its inventory of artwork for the first auction. The site itself is in development and will feature unique content including artist biographies, works of undiscovered artists, art commentary and more.

Sophisticated search technology will enable buyers to locate artwork based on genre, media, even color and size. Deerbrook Publishing Inc. was incorporated in Colorado in March of 1997.

The company's three subsidiaries are Signature Edition Inc. an art publishing division, Cimarron Studio Inc. a printing division and Deerbrook Online the art auction and retail division formerly known as Enterarts/Interarts Inc.

This press release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the safe harbors created by those sections. These forward-looking statements include statements related to potential mergers and the effect of those mergers on the prospects of the company.

Actual results may differ materially due to a number of risks, including the uncertainty of completion of the contemplated transactions. This press release provides general information and should not be construed as an offer to sell securities.

The material contained herein has been obtained from sources believed to be reliable, but is not complete and its accuracy cannot be guaranteed. This report is for informational purposes only and should not be construed as advice or meet the investment needs of any particular investor or designed to be the basis of any investment decisions.

For further information, contact Investor Relations, 602/437-8888 Fax 602/437-2845 or email ir@artup.com (c)1999 Deerbrook Publishing Inc. Deerbrook Publishing and artup.com are trademarks of Deerbrook Publishing Inc. All rights reserved. Some of the product names mentioned herein are for identification purposes and may be trademarks or registered trademarks of their respective companies.
------------------------------------------------------------------------
Contact:

Deerbrook Publishing Group
Keith Chesser, 602/437-8888