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PRACTICAL COMPUTER CONSIGNMENTS OPENS HUGE NEW SUPER-STORE TO OFFER ECONOMICALLY-SOUND ALTERNATIVES FOR PC BUYERS AND SELLERS

 PRACTICAL COMPUTER CONSIGNMENTS OPENS HUGE NEW SUPER-STORE TO OFFER ECONOMICALLY-SOUND ALTERNATIVES FOR PC BUYERS AND SELLERS
 WASHINGTON, March 24 /PRNewswire/ -- Practical Computer Consignments, Ltd., has created a new super-store located in suburban Springfield, Va., to offer a sensible alternative for buyers and sellers. The "opportunity showroom" features an ever-changing selection of new and used, surplus, overstocked, closeout, demonstration, and liquidated computer systems and products, including a wide variety of peripherals, software, and accessories, all bargain-priced with discounts typically ranging from 50 to 90 percent.
 Practical offers to buy, sell, trade and upgrade virtually any IBM and Apple/Macintosh equipment. It serves individual PC users, as well as computer distributors, dealers, corporations, federal and local government agencies. Practical also functions as a clearance center for banks and leasing institutions in foreclosure situations, and for auction houses to sell items leftover from bankruptcy sales.
 As the capital area's original, and one of the nation's largest computer consignment centers, Practical provides convenience, along with economic benefits. It's a hassle-free way to buy and sell with confidence, including the advantage of Practical's support services and a 30-day warranty on all items purchased. Practical also ships orders to customers anywhere within the United States, as well as around the world.
 In order to meet the needs of local, regional, national and international customers, Practical has now introduced an innovative service to match "Want to Buy" and "Have to Sell" listings through its Practical Computer Exchange fax service. Buyers and sellers simply send a fax message to Practical describing their requirements and offerings, along with their target Bid/Ask prices. Practical responds to buyers and sellers based on its own inventory and the resource data base it maintains to match demand with supply at highly competitive prices.
 Owners of items consigned for sale at the capital area super- store are charged a commission fee ranging from 15 to 25 percent, which is deducted from the price of items sold. The Practical Computer Exchange fax matching service is free and is based on a resale mark-up. Sellers who ship their equipment in response to a buyer's request are charged a flat handling fee only, ranging from $15 to $35. Buyers are charged the handling fee plus the cost for shipping the purchased item(s) directly to them.
 The Practical Computer Exchange public access fax line number is 703-321-3053.
 According to Practical's President and co-founder Ed Kay: "Our focus on used PC equipment and secondary market opportunities is in direct response to market demands. Our customers simply expect to get more for their money.
 "In the past six years the computer industry has matured considerably, with more than a tenfold improvement in price performance and the PC population in the U.S. has already passed the 60 million unit level.
 "This impressive growth in technology and competition means that today's cost-conscious consumer can take advantage of new and older generation equipment values at a fraction of their original selling price.
 "More significantly, Practical Computer makes it possible to meet budgetary constraints relative to the customer's application requirements, and re-furbish equipment which would otherwise become obsolete."
 Kay added: "Here's a new and exciting source, and a sensible way to help sellers and buyers of PC equipment make and save money. We're here to offer a practical choice beyond anything currently available."
 He concluded: "Through our Practical Computer Services company, we are able to provide complete repair and upgrade capabilities, and are now most active in re-furbishing bargain-priced systems upgraded for overseas operation -- with particular emphasis on growing markets in Eastern Europe.
 "These affordable low-priced systems have been most popular with direct mail orders from college students as well as business operators, who need PC's as primary or secondary machines."
 The Practical Computer companies were formed in 1986 as a privately held enterprise providing a range of practical choices in new and used computer systems, repair and upgrade services, as well as a line of external and add-on drives under the company's registered trademark PRACTIDISK.
 -0- 3/24/92
 /NOTE: IBM, Apple/Macintosh and PRACTIDISK are trademarks./
 /CONTACT: Allan S. Papkin of Practical Computer, 703-321-3003/ CO: Practical Computer Consignments, Ltd. ST: Virginia IN: CPR SU:


SB -- DC001 -- 0912 03/24/92 09:01 EST
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Date:Mar 24, 1992
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