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Friday, 23 February 2007

eBay Liquidator BizAuctions, Inc Sees Growth in Industry

LOS ANGELES, CA, (NAMC) - Provider of eBay (NASDAQ: EBAY) excess inventory liquidation services, BizAuctions, Inc. (Pink Sheets:BZCN), commented on the latest U.S. Department of Commerces Manufacturing and Trade Inventories and Sales report for this month that showed total pool of manufacturers and trade inventories were in excess of $1.3 trillion.

This is the comment made by Delmar Janovec who is the CEO of BizAuctions: We continue to be encouraged by these reports, as we view any increase in inventories as a potential positive sign for business, even when sales escalate as they did here, because inventory surges may indicate trickledown growth in excess inventories.

This may be bad for manufacturers but good news for a company that is in the excess inventory liqidation business.

Michael Rossi
Business News Correspondent
NAMC Newswire
www.namcnewswire.com

 

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