computer sales -- now only on e-bay???

From: Richard Erlacher <edick_at_idcomm.com>
Date: Tue May 21 09:52:07 2002

Yes, I use sniping software too, but I still set an upper limit. The
environment is, after all, an auction, which is an open market, and the item
for sale should bring whatever price the market will bear. What bothers me,
of course, is that many buyers don't consider alternative sources, e.g. the
"new" prices offered on pricewatch, for example, before setting their upper
limit on the sniped bid. As a result, people develop inflated ideas about
what something should bring, based not on realistic pricing, but on the
stupidity of some bidders. What bothers me is that it shows up in the reserve
prices some sellers set.

Of course, one always has the right to keep his money ...

Dick

----- Original Message -----
From: "Ben Franchuk" <bfranchuk_at_jetnet.ab.ca>
To: <cctalk_at_classiccmp.org>
Sent: Tuesday, May 21, 2002 8:30 AM
Subject: Re: computer sales -- now only on e-bay???


> Richard Erlacher wrote:
> >
> > Oddly enough, eBay should reflect the highest prices. instead, some view
it
> > as producing the lowest. I'm not sure where this logic comes from.
> >
> I think this do to auto-magic computer bidding. The bid stays at $1.00
> until the last 5 minutes where the computer with the fastest net
> connection wins the bid 5 cents more than the other bids coming in for a
> grand total of about $974.70.
> --
> Ben Franchuk - Dawn * 12/24 bit cpu *
> www.jetnet.ab.ca/users/bfranchuk/index.html
>
>
Received on Tue May 21 2002 - 09:52:07 BST