Another Altair up for Auction

From: Markus Blumrich <ab594_at_sfn.saskatoon.sk.ca>
Date: Tue Aug 18 23:03:33 1998

>Actually, it costs him nothing to relist. The initial
>listing cost him $2 but he is afforded one free relist
>if the item does not meet it's reserve.

This is only partly true: as soon as someone bids - Ebay takes 5% of the bid
regardless of whether or not the reserve was met. So if last time the bids
went up to $5000 - Ebay has billed him $250 + $2.

So I don't know why he doesn't just start the lowest bid at his reserve
price???? This is the same guy who lists a URL to an Ebay hints and tips
page. Perhaps he has some kind of psychological angle...

Markus Blumrich - mailto:ab594_at_sfn.saskatoon.sk.ca
Student: Physiology & Computer Science / University of Saskatchewan
http://www.sfn.saskatoon.sk.ca/~ab594/Profile.html ICQ:12361373
"Who's the more foolish - the fool, or the fool who follows him?" - Obi-Wan
Kenobi
Received on Tue Aug 18 1998 - 23:03:33 BST

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