On Wed, 13 Apr 2005, vrs wrote:
I think it's like confusing Silicon Valley (or
Portland, Oregon) with the
world :-). Maybe if I lived and worked where you do, I would see hundreds
of different venues doing a brisk business in this stuff. As it is, I see
one local scrap guy (there are other local scrap guys, but they tend to
specialize in stuff I'm not interested in). I also see eBay, the commercial
dealers on the Internet, and private deals with people I know from the list.
And that's pretty much it.
So, then we'd have to ask if the market in places like Silicon Valley so
dwarfs the rest of the planet that *they* should be declared "the market".
I think the term "the market" should refer to wherever the bulk of the
available stuff trades, (provided that the venues included are actually open
to the general public). "Market value" should refer to something like the
median value in the distribution of the publicly available trades. (Though
that is a simplification that ignores the reasons there are different venues
with different prices in the first place.)
Hi Vince.
I think the myopia you're accusing me of having is affecting you. When I
say The Market I mean the pool of sales that occurs on a global basis.
I'm not talking about one particular geographic region or any one spot on
the Internet. The Market, by definition, is a conglomeration of all sales
happening at all times in all places.
I can't say that I have access to "all sales happening at all times in all
places", but I also don't just rely on one particular venue and call that
"The Market". That's just wrong and invalid.
--
Sellam Ismail Vintage Computer Festival
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