Seller's market

From: Ward D. Griffiths III <>
Date: Sat Mar 27 06:28:07 1999

On Sat, 27 Mar 1999, Mike Ford wrote:

> The completion rate figure I have seen for eBay is 70%. Out of that 30%
> that don't go through, a lot are from people who choose to list with high
> first bids, ala the guy who keeps about 100 auctions going all the time,

That's where Ebay has a disadvantage over real (in-person) auction
houses. The ones I've been in often have a staff to check the
bonafides of such bidders, such as if they try to walk away without
the merchandise they promised to buy, they do so on broken legs.
Ward Griffiths
"the timid die just like the daring; and if you don't take the plunge then 
you'll just take the fall"                                Michael Longcor
Received on Sat Mar 27 1999 - 06:28:07 GMT

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