11-21-2005, 01:59 PM
Quote:Liquidity Services Inc., a District company that runs online auction sites for surplus goods from women's shoes to military planes, filed Friday to raise $86.3 million in an initial public offering.
The six-year-old company carved a niche in the growing Internet auction market by winning a contract that gives it exclusive rights to the Defense Defense's surplus property. Among the items available for bidding yesterday at http://www.govliquidation.com , the company's military auction site, were a 120-foot work barge, 55 steel-pot troop helmets and a set of six handheld radios.
full article: http://www.washingtonpost.com/wp-dyn/con...technology