driving prices down?

From: Sellam Ismail <dastar_at_ncal.verio.com>
Date: Wed Apr 21 01:20:44 1999

On Wed, 21 Apr 1999, Bill Yakowenko wrote:

> I just had an idea. One of the things pushing up e-bay prices
> is the publication of the high bids of past auctions. The logic
> for sellers is something like, since the previous one sold for
> this much, I should expect at least as much for this one.
>
> What if we kept (and publicized) a record of asking prices for
> the things that did *not* sell? Maybe buyers would look at that,
> and use similar logic to avoid bidding any higher than that?

Good thinking. Make it so, Number One!

Sellam Alternate e-mail: dastar_at_siconic.com
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Received on Wed Apr 21 1999 - 01:20:44 BST

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