24 Apr
2003
24 Apr
'03
5:40 a.m.
--- "Dwight K. Elvey" <dwightk.elvey(a)amd.com> wrote:
Hi
I'd once sniped a bid with a value of $145 for an
item I wanted.
Knowing the current going rate for the item, $120
was about the
highest I'd seen. The winning bid, also a last
minute bid, went
for something over my highest. A couple of days
latter, I got
a note from the seller. The asked if I was still
interested.
They didn't specify a price so I told them that I
thought
a fair price would be 1/2 between the my high price
and the
next lowest below me( it was $90 ).
In this situation I always offer what the final
auction price would of been if the top bidder didn't
exist, that is, the high bid of the third bidder, $90
in your case, I am suprised you offered more then
that.
(well its actually $90 + bid increment, probably
$91.50 or so)
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