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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 231.69+1.7%Dec 10 3:59 PM EST

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To: Bill Harmond who wrote (32160)1/1/1999 10:18:00 PM
From: KeepItSimple  Read Replies (1) of 164684
 
>The holidays. Newspaper classified advertising drops during the >holidays, too.

Hello William, I just tried an experiment you might like to reproduce for yourself. Go to Ebay, and enter in random auction numbers. Just pick 10 at random.

Now out of those 10, how many have received bids at all? how many have received a bid at least equal to the minimum amount listed for that particular auction?

My results from two 10-bid tests:

9 no bid
1 minimum bid not met yet

2nd set

8 no bid
2 minimum bid not met yet

You can trust me on this- Ebay uses "# of open auctions" as a traffic indicator rather than "# of auctions anyone has actually bid on"

Because it appears 80-90 percent of the secondhand crap on there never gets sold.
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