Snipe S/W?

From: Bill Dawson <whdawson_at_mlynk.com>
Date: Thu Dec 21 09:14:24 2000

-> Case in Point, Dutch auction on ebay of 5 power supplies, and to
sweeten
-> the deal the seller is offering a an item worth as much just about as
a
-> power supply as a bonus to the high bidder. Most bids were around
$10, then
-> a $20 bid shows up, then a $25, then a $35 sniped in at the last
minute.
-> Everybody paid less than about $12 (lowest winning bid), but I was
QUITE
-> tempted to drop in my own last minute bid of $37 just to raise the
minimum
-> bid a notch or two. (yes I wanted both the power supply and bonus
item, and
-> happen to know the seller who is a nice guy deserving of the overall
higher
-> price.) My point is that the high bidders only made the bids they did
with
-> the expectation of n-1 nuts, so they didn't have to make good on the
full
-> bid amount.

Dutch auctions where the items offered are not identical are not allowed
according to eBay rules. Adding a bonus item, or as some sellers do,
state that the nicest or best item will go to the highest bidder, is
also not allowed. If an auction like this is brought to eBay's
attention, it will be terminated.

Bill

whdawson*at*mlynk.com
Received on Thu Dec 21 2000 - 09:14:24 GMT