Heath stuff and I hate reserve price auctions

[Ken Dupuis Wn2Sqc]

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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