Go Figure!

van lincoln vlincoln at POSTOFFICE.WORLDNET.ATT.NET
Thu Feb 26 14:50:53 EST 1998


enough people won't work, as it only takes ONE high bidder to set the
price.  You lowbidders
have no recourse except to either go with the market value, or forget
buying anything you really want that's worth more to someone else.  Get
real!  that's why the auction is the capitalist's dream, as it pits one
high bidder against the others, the only losers are the losers.  The market
value is as high as anyone is willing to bid. those that have, get.  those
who don't, don't get. simple.  (this is the age old principle of real
estate investing.)

At 01:58 PM 2/26/98 -0800, Keith Rowland wrote:
>Daniel:  This is how all the Collins stuff got to be so inflated. One
>way to stop it is for enough people to refuse to participate.
>
>73, Keith
>
>
>
>Daniel T Ruth wrote:
>>
>> I was just the successful bidder on a HG-10B VFO on eBay (on-line
>> auctioning).
>> I was also the    ONLY    bidder on this item.
>> My winning bid was the opening price: $65.00
>>
>> Now,
>> Back on 02/01/98, another HG-10B (similar description/condition) had 28
>> bids!!!
>> It finally ended up at $172.51
>>
>> Go figure!
>>
>> Is this a commentary on the bidding frenzy that can take place on eBay.
>>
>> God help us all!!
>>
>> Danny  W3ZF  heathkit at juno.com
>>
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