eBay sniping

From: Patrick Finnegan <pat_at_purdueriots.com>
Date: Sun Apr 27 21:48:00 2003

On Sun, 27 Apr 2003, steve wrote:

> --- Adrian Vickers <avickers_at_solutionengineers.com>
> wrote:
> > The fact that the price changes during the auction,
> > however, is the
> > greatest indicator that eBay is not remotely like a
> > "sealed bid" auction.
> >
> Not remotely? Is almost exactly like a sealed bid.
> Those price changes during the auction mean absolutely
> nothing, as the final price is determined in the last
> 5 seconds (at least in the majority of cases). Nobody

Um, I'd have to disagree. I rarely try to snipe auctions, and most of the
auctions where I'm selling things, there aren't any bids in the last few
minutes. From my experience, you can usually tell how the auction is
going to end up from watching it, and if there aren't many bids before the
last few hours, there probably isn't going to be anyone sniping the

Your experience might be different than mine, but those are my

Purdue University ITAP/RCS
Information Technology at Purdue
Research Computing and Storage
Received on Sun Apr 27 2003 - 21:48:00 BST

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