Hi Folks,
I just wanted to lend a little insight into "sniping" on Ebay, which I
do, if you want to call it that, but when I bid on an item in the last 10
seconds, I have very clearly calculated what the maximum amount is I am
willing to pay for an item(its worth to me in my situation). That item may
be more valuable($, time) to someone else who two days before had placed a
bid with a higher "maximum" than I was willing to go. In that event I will
lose the bid even though I placed a "last second" bid. To allow bidder(s)
additional time to consider yet another bid only strokes the losing bidder's
emotional response that (s)he must have that item and is not about to "lose"
it. I have seen bids that I was interested in go for amounts greater than
the retail value only because of someone's emotional response that they were
not about to lose, even if it meant that they would pay more than retail.
Please visit http://www.geocities.com/phillipcreed/myths.html for more
detailed comments.
Thank You.....Eric Sand
[log in to unmask]
-----Original Message-----
From: david h. floyd [mailto:[log in to unmask]]
Sent: Monday, June 03, 2002 1:34 PM
To: [log in to unmask]
Subject: Re: [HP3000-L] OT: German Enigma machine
that kind of sniping is unfortunate. it reminds me that we should all
petition ebay with stan's "ebay idea":
http://www.sieler.com/ebay_idea.html
david h. floyd
tSGi
-----Original Message-----
From: HP-3000 Systems Discussion [mailto:[log in to unmask]] On
Behalf Of Wayne Brown
Sent: Monday, June 03, 2002 3:22 PM
To: [log in to unmask]
Subject: Re: [HP3000-L] OT: German Enigma machine
Well, it's over. The Enigma has been snatched up for the bargain price
of
$32,100. (I tried to imagine my wife's reaction if I spent that much on
eBay,
but perhaps fortunately, it's unimagineable. :-) There was some pretty
high-powered sniping going on, as the price rose from $21,000 to the
final
figure during the last 24 minutes of the auction. There were 30 bids
altogether, with 15 of them coming in those last 24 minutes. (11 of
them were
from the same bidder!) The winning bid was made about two minutes
before the
auction ended. (There were a couple of later bids, including one less
than a
minute before the end, but they weren't high enough to beat the winner.)
Whoever was selling it must be pretty happy right now.
Sheesh, and when I bid $75.00 on a slide rule, I feel like a big
spender!
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