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

To: AJ Berger who wrote (7047)	9/26/2002 8:17:33 PM
From: Bill Jackson	Respond to of 7772

AJ, When I sell I hate snipers, when I am one, I run with them in the same way. The only way to stop it is to have a going going gone period, of 1-2 minutes. That would increase the ebay bottom line a lot since there would be a generals increase in the average selling price and 100% of that increase would drop to the bottom line. It must be someone in top management that likes to snipe that keeps it there. It is enormously against the interests of ebay and of sellers in general to have snipers. It is an open and shut case, why do people shut up and bid in the last second....to try a steal, all you have to do is look at the runup at the last few seconds that occurs in many auctions to see that an extra time period would lead to greater revenue. In the worst case that it makes no revenue, in isolated instances, well, nothing is lost. ebay is in front because it was first and has feedback. Any other auction is running a stern chase, since ebay had a huge number of participants before the others even started operating. Is there any body of statistics that rates the traffic on ebay and the other sites? I saw a few sites that were sales scams. Bill

To: AJ Berger who wrote (7047)	9/26/2002 8:26:39 PM
From: Bill Jackson	Respond to of 7772

AJ, i see the dealers have noticed it. auctionbytes.com In my opinion this is entirely due to the buyers getting educated and sniping(or using sniper sites). This reduces the average selling price. It also pisses off the people who lose when they wanted to bid higher and were shut out by the clock. Bill

To: AJ Berger who wrote (7047)	9/26/2002 8:35:11 PM
From: Bill Jackson	Respond to of 7772

AJ, In reply to your coding method. It is quite possible to automatically rest the time clock to 60 seconds and show all the bids and not let it close until 60 seconds after the last bid. Why should they be secret until after it closes? Bill

To: AJ Berger who wrote (7047)	9/30/2002 8:09:45 AM
From: SBerglowe	Respond to of 7772

7:59AM eBay cut to Underperform at RBC; $45 target (EBAY) 57.50: RBC Capital Mkts downgrades to UNDERPERFORM from Sector Perform and cuts price target to $45 from $70. In discussions with top sellers, firm has uncovered three issues: 1) disappointing demand for practicals, 2) poor incremental traffic for stores, 3) a concern with PayPal's loss of independence. Believes these issues could limit the ultimate growth rate of the business to a more normal rate, more quickly than projected.