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Klarinet Archive - Posting 000073.txt from 2002/05

From: "Dee D. Hays" <deehays@-----.net>
Subj: Re: [kl] Bad behavior on eBay auctions
Date: Thu, 2 May 2002 23:29:29 -0400

----- Original Message -----
From: "Jon Usher" <ewijon@-----.net>
Subject: Re: [kl] Bad behavior on eBay auctions

> It has happened to me often. It's referred to in Ebay circles as
"sniping".
> The only recourse is to make your last bid "Maximum" high enough that
their
> "last second" bid
> won't be higher than your bid. You'll still win the item with your
> "minimum" bid by the time they
> keep rebidding to find what your maximum bid was.
>
> I agree - it's not right. But if you'll set your maximum bid at the
> highest you're willing to pay in the
> last few minutes of the bid you'll outsmart these guys trying to move in
at
> the last second and grab your item for pennies more.

Exactly so. If you had put in your real max, then if they outbid you at the
last minute it won't matter as you wouldn't have been willing to go any
higher anyway. Extra time would be irrelevant.

Dee Hays
Michigan

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