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Experts who follow this emerging business-to-business electronic-commerce market call it frictionless, because no faxes, phone calls or paper trails snake back and forth to clog the communications channel between buyer and seller. That is just one aspect of these new wholesale channels that has analysts salivating. B2B companies "are going to reshape the entire economy," says Charles Finnie of Volpe Brown Whelan & Co., an investment-banking firm based in San Francisco. "It's not unlikely that Mr. Greenspan will be sitting in front of Congress in the next couple of years saying one of the main reasons...
...site where anybody can put anything up for sale is that sooner or later they will. So it was that eBay officials found themselves Thursday confronting a particularly cringe-inducing entry: item #153213066, billed as a "Fully functional kidney for sale." "You can choose either kidney," the description read. "Buyer pays all transplant and medical costs. Of course, only one for sale, as I need the other one to live. Serious bids only." The listing had been up since August 26 and the bidding had been intense, running from $25,000 up to $5.7 million in just six days. EBay...
...Taylor, the logic for a human auction is even more compelling than the one for things, and his is one of a number of e-companies that are changing the way employers buy labor. As with eBay, the talent market eliminates the middleman and levels the playing field between buyer and seller. But an antique cigar cutter never has to sell itself. People do. "Marketing themselves is the most difficult thing for free agents," says Taylor, who heads the interactive division of recruiting ad giant TMP Worldwide, which bought Monster in 1995. "This puts them in the driver's seat...
Lacking earnings or some template for a profitable Internet business, that's the kind of analysis Net investors rely on. As a result, "these stocks trade on emotion, not fundamentals," says Lise Buyer, an analyst at CS First Boston. "Right now there is a significant amount of emotional fatigue...
...Last November the Brady law's "permanent" provisions kicked in, requiring dealers to run the identity of every buyer through the FBI's National Instant Check System or a comparable state system. As of July 14, the FBI's system alone had denied 50,416 attempted purchases...