Online Auctions: Going, Going, Gone

Haggling is the hottest thing happening in E-commerce

Audie Schwardt was cruising the Web one January evening when he saw an advertisement for Onsale Inc., an online auction house. Schwardt, a 42-year-old Army sergeant major at El Paso's Fort Bliss, checked it out--and found prices up to 50% off retail. Since then, he has spent more than $1,000 a month on PCs, digital cameras, and other gear for himself and friends at Onsale and WebAuction.com. Says Schwardt: "Except for an emergency, I don't buy electronics at retail anymore."

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