Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : All About Sun Microsystems -- Ignore unavailable to you. Want to Upgrade?

To: JC Jaros who wrote (26002)	1/10/2000 3:50:00 AM
From: Charles Tutt	Read Replies (1) \| Respond to of 64865

I really haven't caught on to the whole ebay "thing." Like why start bidding at 50 bucks on an item with a reserve over 2 grand (and maybe/probably a lot over -- we don't know yet where the reserve lies)? I've been to some live auctions, and those make a lot more sense to me, especially in being able to size up the competition. Also, I've done a postmortem of a few ebay auctions, and it seems like as often as not the successful bidder comes out of nowhere at the last minute, which is when most of the bidding seems to happen. That's very different from the live auctions I've attended, in which the ultimate winner has usually bid multiple times during the price discovery. I think the "proxy bid" scheme ebay allows really works against its users, too. At any rate, despite being tempted I've chosen not to play the game so far -- never even registered. I'd rather horse trade one-on-one. They do get some interesting stuff, though. JMHO.