eBay - Superb Internet Business Model Message Board

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Technology Stocks : eBay - Superb Internet Business Model

EBAY 88.01

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10:35 AM EST

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To: JP Jouver who wrote (4963)	8/20/1999 6:22:00 AM
From: Cap_Loss_Cfwd	Read Replies (1) of 7772

>>I've noticed that a popular practice nowadays is to set a ridiculously high reserve, see how high people bid, then offer the highest bidder the item via e-mail after the auction closes (thereby preventing Ebay from getting their percentage). I've been offered a couple of items this way myself.<< Agree, this happens to me all the time. I do not understand how the requirement for starting bids being at least 25% of the reserve price helps them, however.

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