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Technology Stocks : eBay - Superb Internet Business Model

EBAY 83.82

-0.7%

Nov 14 9:30 AM EST

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To: The Antique who wrote (3391)	6/4/1999 3:51:00 PM
From: Randy Ellingson	Read Replies (2) of 7772

The Antique- What happens in the case of an auction that, while it has no reserve, does have a minimum bid which is not met. I guess that means there would be no bids. Does the seller pay more than the listing fee, or is that all? Why do people use a reserve price instead of a minimum bid? Doesn't it frustrate people to bid and have it fall below the reserve price? Randy

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