OT: Re: Periodic rants on eBay

From: Chuck McManis <cmcmanis_at_mcmanis.com>
Date: Thu Oct 25 16:14:38 2001

At 11:39 AM 10/25/01, Sellam Ismail wrote:
>On Thu, 25 Oct 2001, Mike Ford wrote:
> > Love it or hate it, eBay is the most credible source of pricing or value
> > that I know of.
>I find this comment to be INcredible.
>Are you saying that an ad for a $2,500 TRS-80 Color Computer is
>"credible"? "But it didn't sell!", you scream.

Hi Sellam, I think its agreed that only "completed" auctions would count
towards the valuation. Just like in the home appraisal market where only
"closing" prices count, not listing prices.

>Fine. How about the original Macintosh that went for close to $1,000
>because it was "signed on the inside of the case by all the original
>design team members"?

Which why Ebay is so great. If that were the only sale of a Macintosh then
one would foolishly get the impression that a Macintosh was worth $1000.
However, when you plot the moving average of many sales, you get a much
more credible number. (Haven't done that for Macs)

>"...credible source of pricing..."
>I'm sorry that any small comment made about eBay has to erupt into a
>worthless pro/con debate about it.

We have seen the enemy and he is us :-)

Received on Thu Oct 25 2001 - 16:14:38 BST

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