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Strategies & Market Trends : Value Investing

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To: peter michaelson who wrote (6954)	4/26/1999 9:10:00 AM
From: Bob Rudd	Read Replies (2) of 78471

That ebay site looks interesting...I've heard those auctions can be addicting. How do they make sure you really get what you pay for? By automatic shoppers I presume you're refering to shopbots like uvision.com bestbookbuys.com Some online resellers, the high priced ones, block them out, but basically they increase competitive pressure by reducing search costs to nearly nothing once the consumer finds the site. Using a search engine [net 101] makes that pretty easy. A supporting cultural theme, IMO, is aggressive shopping where getting a bargain is kinda the goal of the game. I think a lot of folks that can easily afford to pay more, look for super bargains [Great value, not just cheap] on stuff they buy and see finding same to be win beyond just the savings. I would fit that profile, as would, I suspect, many value investors.

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