Ebay in Peril? Sniping at fault.? Message Board

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Technology Stocks : Ebay in Peril? Sniping at fault.?

EBAY 84.37

-15.3%

3:45 PM EDT

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To: Urlman who wrote (58)	1/27/2003 10:12:56 PM
From: Bill Jackson	Read Replies (1) of 72

Urlman, Sorry, "mainly a buyer". Since buyers like to snipe and sellers hate snipers, I felt safe saying you were mainly a buyer than a seller. Before snipers got strong, the listing fee was small, many people started at $1. Now if you start at $1 it may get bought for $1 or little more as they all snipe at the end. So people have upped their start price. Even so the average sales price has fallen on Ebay over the past 2 years. More listings and the higher average start price have made Ebay profits keep going up. Bill

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