Heath stuff and I hate reserve price auctions

Ken Dupuis Wn2Sqc wn2sqc at JUNO.COM
Wed Oct 24 13:46:12 EDT 2001


Hi Neil. In my opinion reserve prices are important auction tools, it
draws in the bidders with the low starting bid and prevents the seller
from giving the item away. I have seen many auctions on ebay end without
a bid because the starting bid was too high to attract attention, similar
items with reserves and low starting bids usually sell well,  Ken

On Wed, 24 Oct 2001 10:04:01 -0700 Neil Morrison <neilsmorr at HOTMAIL.COM>
writes:
> I hate reserve price auctions - especially with low starting prices.
>
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
> Heathkit EC-1 Analog Tubed Computer Item # 1286536181
> Bidding is closed for this item.
> >>> First bid  $10.00
> Currently  $787.00   (reserve not yet met)
> Quantity  1
> # of bids  15
>
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
> What the heck was the reserve then?
>
> Regards,
>
> Neil
>
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