27 Apr
2003
27 Apr
'03
3:48 p.m.
--- Vintage Computer Festival <vcf(a)siconic.com> wrote:
On Sun, 27 Apr 2003, steve wrote:
Huh? You apparently haven't comprehended what I said,
it doesn't make a difference if you have a sniping
service that can realiably bid .0001 seconds before a
auction ends. If someone bids 5 seconds before a
auction that beats your previous bid price you have no
way to reenter a new bid before that 5 seconds it up,
ain't going to happen, and thats why ebay is a
"sealed bid" auction model.
The New Yahoo! Search - Faster. Easier. Bingo.
http://search.yahoo.com
Since the other bidders have no practical way to
counter bid those bids entered during the last 5
seconds, ebay's auction model can accurately be
called
a "sealed bid" auction format, with the
highest
bidder
paying the second highest bid. If you change
ebay's
You apparently haven't heard of the sniping services
out there that can
put in a bid reliably in the last 3-4 seconds.