27 Apr
2001
27 Apr
'01
6 a.m.
Rich Lafferty wrote:
On Fri, Apr 27, 2001 at 09:45:52AM -0500, Jeffrey S.
Sharp (jss(a)ou.edu) wrote:
On the same token great bargains can be had due to pure luck,
the seller listing an item that he or she really doesn't understand or a
seller listing an item in the wrong catergory. It works both ways.
Eric
Quoting "Claude.W"
<claudew(a)videotron.ca>ca>:
Well, no -- the value (market price) of an item isn't what *one
person* will pay, it's what *people* will pay ("what the market will
bear"). EBay has a handful of features which almost certainly are
designed to inflate prices through psychological factors, thus prices
on eBay are *not* market prices. I agree that it's not eBay's fault
and that it's the fault of at least two bidders in a particular
auction, but what the item sells for on eBay and what the item is
worth are two different things (and one is not necessarily higher than
the other). Ebay or any other auction site does not
"equate" ... with the
"true-spirit" of collecting classic computers IMO... It has not
helped a lot the collecting hobby IMO and has driven the price of a
lot of stuff to ridiculous levels
Prices get hight because *people* are willing to pay that much. It's
not eBay's fault, it's the people's fault. And if people will pay
that much (especially if it happens regularly), then that's what the
item is *worth*. There is nothing wrong with wanting what the item
is worth.
-Rich
--
------------------------------ Rich Lafferty ---------------------------
Sysadmin/Programmer, Instructional and Information Technology Services
Concordia University, Montreal, QC (514) 848-7625
------------------------- rich(a)alcor.concordia.ca ----------------------