Re: [NTLK] 20 Mb linear card

From: Malawi, Hilal (hmalawi_at_bechtel.com)
Date: Tue Aug 07 2001 - 02:20:53 EDT


I think 'Dutch' auctions on eBay aren't really Dutch.

On eBay, buyers 'sign up' for the asking price and/or bid it up, whereas in
dutch auctions the seller keeps dropping his price until he has enough
takers.

> ----------
> From: GUY MITTAUX
> Reply To: newtontalk_at_newtontalk.net
> Sent: Tuesday, August 7, 2001 9:54 AM
> To: newtontalk_at_newtontalk.net
> Subject: Re: [NTLK] 20 Mb linear card
>
> Except that for this card you cannot bid for less than $100 per card.
>
> Guy
>
>
> Michelle Sagara West wrote:
>
> > >Hmmmm...seems overpriced when compared to the one I just won yesterday
> for
> > >$35... See here:
> >
> >http://cgi.ebay.com/aw-cgi/eBayISAPI.dll?ViewItem&item=1260514903&r=0&t=0
> &sh
> > >owTutorial=0&ed=996987396&indexURL=0&rd=1
> > >
> > >Same card!
> >
> > It's a dutch auction. there's an opening bid and you bid -lower- than
> > that. The highest bid at the end (or in this case the highest
> successful
> > bid) will win. So someone could in theory bid 10.00 for the card and if
> > there are a lot of 'em, that's the price that everyone will get the card
> > at. So I think it's a little bit too early to judge whether or not it's
> > overpriced, since the auction isn't over yet ...
> >
> > I'm not affiliated with the auction or with ebay, fwiw.
> >
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