EBaying; howling after an auction

From: Marvin <marvin_at_rain.org>
Date: Mon Oct 18 16:07:32 1999

pbboy wrote:
>
> There are programs written specifically for ebay that do your bidding for you,
> not proxy bidding like ebay has but sniping programs. you can configure it to
> place your bid at say 5 seconds before the auction ends, placing the bid only
> high enough to win the auction. Someone on this list complained that he was
> outbid by only $.01, the winner was most likely using one of these programs.

That is not necessarily so. First, the maximum bid is kept private.
Secondly, five seconds is not enough time to inch up to find out what a
persons maximum bid is. Winning a bid by $.01 is only a co-incidence and can
only result when the persons maximum has not been reached.
Received on Mon Oct 18 1999 - 16:07:32 BST

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