Two suspects in a school-computer burglary ring figured they had the perfect place to fence their ill-gotten goods, authorities say: the online auction house, eBay.
Unfortunately for the arrested teenagers, school officials had the same idea.
Acting on a hunch, Poudre School District security personnel checked eBay on Jan. 4, after the latest in a string of break-ins at schools in Larimer County.
"They were sitting around thinking, 'Now where would those things turn up?"' said Fort Collins police School Resource Officer Suzanne Rice. "Sure enough, they took a gander, and there they were."
Up for bid were what appeared to be most of the 32 computers and other electronic equipment taken from Fossil Ridge High School.
Read more http://www.denverpost.com/news/ci_4989476
Friday, January 12, 2007
Market Report -- Story Stocks (EBAY)
29.60: EBay, the world's largest Internet auctioneer, has added another service to its repertoire. The company announced a plan to buy privately-held online ticket reseller StubHub for $310 mln to boost its share in the multi-billion dollar secondary seat market for sporting and entertainment events. The all cash transaction, which is expected to close sometime in the first quarter, will enable eBay to garner a greater footprint in an industry that generated $10 bln in annual sales, according to StubHub.
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