Klarinet Archive - Posting 000540.txt from 2004/01

From: Bill Hausmann <bhausmann1@-----.net>
Subj: Re: [kl] Re: klarinet Digest 16 Jan 2004 09:15:02 -0000 Issue
Date: Fri, 16 Jan 2004 16:27:09 -0500

At 03:24 PM 1/16/2004 +0100, Martim Guerra-Silva wrote:
>If you check the bid history, you can see something I'd say is interesting..
>
>mike4sue( 31) US $1,200.00 Jan-15-04 19:36:35 PST
>kali2510( 41) US $1,175.00 Jan-15-04 16:32:14 PST
>mike4sue( 31) US $1,100.00 Jan-15-04 19:35:31 PST
>mike4sue( 31) US $1,000.00 Jan-15-04 19:35:02 PST
>mike4sue( 31) US $900.00 Jan-15-04 19:34:11 PST
>mike4sue( 31) US $750.00 Jan-15-04 19:26:36 PST
>abigailelizur( 1 ) US $600.00 Jan-14-04 15:16:21 PST
>
>Isn't it peculiar that the same person made 4 bids in a row without any bids
>in between within 10 minutes, raising the bid from $600 to $1,100?

Not really. That's how "proxy bidding" works. "kali2510" had bid a
maximum value of $1,175 at 16:32. "mike4sue" bid $750 a bit later (19:26),
but "kali2510" already had a higher bid in which automatically outbid
"mike4sue" by jumping to the next highest increment, say $760, without
him/her having to monitor the auction constantly. So "mike4sue" tried
again, several times, being trumped each time by "kali2510"'s earlier and
higher bid, until he finally beat it with his $1,200 bid. Lucky for
"kali2510" that "mike4sue" was so persistent!

Bill Hausmann

If you have to mic a saxophone, the rest of the band is TOO LOUD!

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