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ebay rant (short)



On Tue, Mar 26, 2002 at 04:10:47PM -0600, Christian Els wrote:
> ----- Original Message -----
> From: "Neal Tovsen" <nealtovsen@y...>

> > > Bid sniping is a silly illusion...
> >
> > Yeah, but it works...
> 
> No it doesn't.

Yes, it does.  Many people don't list the true highest price they want to
pay in their proxy bid, so if you do outbid them, they often come along a
few hours later and outbid you.  If you snipe the bid with 10 seconds
to go, they don't have a chance to go and increase their bid.

Dan

-- 
Don't try to out-weird me. I get stranger things than you
with my breakfast cereal.      -- Zaphod Beeblebrox