COMPUTER GIANTS POOL RESOURCES, TAKE ON EBAY.Microsoft, Dell Computer and nearly 100 other companies are banding together to challenge eBay Inc.'s dominance of the Internet auction industry by pooling their listings and bids. Web sites run by the members of the new alliance, which also includes the Internet gateway (1) See cable/DSL gateway. (2) A router or server that converts IP packets to IPX, AppleTalk or some other non-IP format and vice versa. It is used to connect non-IP networks to the Internet. services Lycos and Excite at Home, will share millions of auction listings so that any item put up for bid on one site will appear on them all. The combined customer reach of the FairMarketPlace alliance could top 50 million a month, dwarfing In horticulture dwarfing is considered a desirable characteristic in modern orchards, where genetic dwarfs may be selected and propagated, or more often, scions are grafted on to dwarfing rootstocks. the 6 million who use industry pioneer eBay. EBay, however, would still have greater scale with about 3.5 million individual items for sale, which compares to just 70,000 at the combined FairMarketPlace sites. Even so, eBay's stock tumbled 7 percent following Friday's announcement, falling $10.75 a share to $141 in active trading on the Nasdaq Stock Market Nasdaq stock market The first electronic stock market listing over 5000 companies. The Nasdaq stock market comprises two separate markets, namely the Nasdaq National Market, which trades large, active securities and the Nasdaq Smallcap Market that trades emerging growth companies. . FairMarketPlace, which begins doing business on Monday, will enable its partners to simultaneously auction all the merchandise listed for sale on their individual Web sites. For example, a notebook computer A laptop computer that weighs in a range from five to seven pounds. The term originated when laptops were routinely more than 10 pounds, and those that became lighter were placed in a special "notebook" category. In practice, notebook computer and laptop computer are synonymous. put up for bid on Lycos' auction site would immediately appear as a listing on Microsoft's msn.com auction site and Ticketmaster Online-CitySearch Inc.'s site. But eBay representatives questioned whether competitors will be able to duplicate the following it has gathered. Yahoo! and Amazon.com, which aren't part of the FairMarketPlace alliance, both recently launched and are rapidly expanding their auction sites, but have garnered only a fraction of eBay's daily sales transactions. Other FairMarketPlace participants include CompUSA, Cyberian Outpost Cyberian Outpost was an online vendor of discount computer hardware and software, and was one of the first successful online retailers. CybOut was founded in 1994 by Darryl Peck and announced its IPO in 1998 (NASDAQ: COOL). , Fashionmall.com, CBS (Cell Broadcast Service) See cell broadcast. Sportsline, VH1 and ZDNet. |
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