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Microcap & Penny Stocks : JTS- "A Nordic Drive in Every PC and laptop" -- Ignore unavailable to you. Want to Upgrade?

To: David Krafcsik who wrote (1679)	2/4/1998 11:19:00 PM
From: Scott Sterling	Read Replies (2) \| Respond to of 1985

David, it is strange that you have never seen an auction web site before since there are so many of them. Even ISN has gotten into the auction business. I am always getting these banner ads for auction places, and have even sold some of my used stuff and also some merchandise I was given at www.haggle.com. I suspect that you are equally unaware of where to find good deals on the internet Anyway, common sense should tell you that auction is not an efficient mechanism for the distribution for commodity goods in an economy. Since the auctioneer is not in business to lose money anyway, it is much easier to buy the item that you want at the lowest advertised price. In Stock Docs case he got the right price, but the purpose of holding the auctions is to find out how much the biggest dum-dum who is bidding is willing to pay. I could not believe what people were willing to pay for my obsolete motherboards (w/o cables even), and regularly saw people bid far higher for items than which they could be obtained for from a reputable dealer without the waste of time bidding. (In fact, I carefully sold off the box one or two items at a time to make sure I found the #1 and #2 dummies!) Of course the correct model is for dealers to set a price and to adjust the prices based on the demand they receive and how well the demand goes with their supply. You may find this in action in many places around the internet... including www.pricewatch.com , computerESP, pricescan, and there are a few others.. I even think ZDnet has one. I see the JTS 3.2 for $151 and the Fujitsu UDMA 3.2 for $155 (the Fujitsu drive is both faster and has brand name going for it)... here are some links to the comparison places: pricewatch.com web2.pc-today.com oracle.uvision.com