eBay alert: TI 980B mini and a HUGE IBM drive

From: Chad Fernandez <fernande_at_internet1.net>
Date: Sat May 5 00:39:59 2001

"James B. DiGriz" wrote:
> Ok. I give up. ip500 wants my honest opinion? Since I've never seen a
> 980 on ebay in several yearws of watching, it's worth exactly $9.99 at
> the moment, or what ever the current high bid is. An industrial or lab
> equipment supplier might ask several thousand for it, if they had it,
> but they'd only get that much from a corporate purchaser with a revenue
> stream being held up by a broken machine, in an extreme emergency. That
> is, somebody they had by the short hairs who was spending someone else's
> money. They sure wouldn't pay that much if you just walked in cold
> trying to sell it, because it's really an obsolete piece of junk that
> will take up valuable storage space, to them.
>
> There you have it: $9.99

I don't agree with any theoretical "worth" rhetoric. What people want
to know when they ask, is normal street price, for a given condition and
configuration. If I am interested in something on Ebay, but don't
really know what I would expect to pay for it, it would be wise to ask
before bidding too much money. Why would I "buy it now", or be the
winning bid at twice it's normal value? If I pay $100 for a $50 item
does that mean I magically doubled the value of all like items? No! I
paid double, and the seller made out like a bandit! What make the item
a $50 item is that the said item is sold for $50 quite often, when
available. I say, when available, since many of the items concerning
this list, aren't produced in regular production anymore, in many cases.

Chad Fernandez
Michigan, USA
Received on Sat May 05 2001 - 00:39:59 BST