18 Oct
1999
18 Oct
'99
9:07 a.m.
pbboy wrote:
There are programs written specifically for ebay that do your bidding for you,
not proxy bidding like ebay has but sniping programs. you can configure it to
place your bid at say 5 seconds before the auction ends, placing the bid only
high enough to win the auction. Someone on this list complained that he was
outbid by only $.01, the winner was most likely using one of these programs.
That is not necessarily so. First, the maximum bid is kept private.
Secondly, five seconds is not enough time to inch up to find out what a
persons maximum bid is. Winning a bid by $.01 is only a co-incidence and can
only result when the persons maximum has not been reached.