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Technology Stocks : eBay - Superb Internet Business Model -- Ignore unavailable to you. Want to Upgrade?

To: KeepItSimple who wrote (5863)	10/21/1999 5:41:00 PM
From: Doug Fowler	Respond to of 7772

If you believe that 75 percent of eBay's auction close without even a single bid, then you are not doing your homework. I can tell you that I have run several hundred auctions on eBay, and I receive bids in at least 95 percent of them and that more than 90 percent of my reserve auctions have met their reserve. I have run a few dozen auctions on Yahoo and have NEVER, NEVER, NEVER received a single bid. Amazon falls in the middle.

To: KeepItSimple who wrote (5863)	10/21/1999 6:00:00 PM
From: Doug Fowler	Read Replies (1) \| Respond to of 7772

I just did a searched of title and description on the word "blue". In the first page of auctions that came up, which includes 50 items, they were all expiring within one minute. Of the 50 items, 23 of them showed No Bid on the main page. I opened each of the auctions with a zero count, and found that 7 of those 23 auctions did in fact have one or more bids and simply had not been updated on the main page by eBay. This means that 34 out of the 50 auctions received at least one, or 68 percent received at least one bid. This is a far cry from your claim that fewer than 25 percent of auctions on eBay receive any bids at all. While 50 items is a relatively small sample, I am sure you will achieve similar results with other keywords in auctions getting ready to expire.