Your point Steve is the end of the auction could be extended if someone is
still bidding? I can handle that. Like I said, I have a pre-determined limit
and if the item sells for more, so be it.
As far as transmission time, I have cable modem which, as you know, is
usually pretty efficient on my end.
I'm curious Steve, what is your opinion of the most efficient way to buy
items on Ebay. I'm open to new and better ideas.
Thank you,
Barry
____________________________________
----- Original Message -----
From: "Steve Laifman" <SLaifman@SoCal.RR.com>
To: "Barry Schultz" <bschultz2@cfl.rr.com>
Cc: "Theo Smit" <tsmit@home.com>; <tigers@autox.team.net>
Sent: Monday, October 29, 2001 12:35 AM
Subject: Re: [Fwd: Question for seller -- Item #597203138]
> Barry Schultz wrote:
> >
>
> > >Therefore, Mr. Big Pockets is better off to wait until just before the
> > auction ends before he puts in his take-on-all-comers bid.
>
> Barry, Theo,
>
> Unfortunately this is not really a valid method, as there is more than
> one clock running down until the "end-of-auction". Two things defeat
> this method.
>
> Firstly, if bidding is ongoing at the auction close time, then the close
> time is automatically extended as the bidding is still going on. Similar
> to the warning at a REAL auction "Going to the bidder for 1000 Lb, Going
> Twice, are there no more bids?, "Gone", Sold to the highest bidder at
> 1000 lb Sterling."
>
> This final hammer blow is the real end of auction, when there really
> aren't any more bids, not the artificial "time". And there are THREE of
> them. This is true of real auctions and web auctions.
>
> The seller agrees to these conditions when he places the article up for
sale.
>
> Next, there is no real way to time your bid, as transmission times vary,
> and it is the receipt of the bid, not the sending, that is counted.
>
> BTDT
>
> Steve
> --
> Steve Laifman < Find out what is most >
> B9472289 < important in your life >
> < and don't let it get away!>
> <SLaifman@SoCal.RR.com>
> <http://www.TigersUnited.com/gallery/SteveLaifman.asp>
>
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