sounds like you agree, ebay is by definition an auction. not a sealed bid sale!
"J. Forster" wrote:
> JEFF HAIN-MATSON wrote:
>
> > NO, NO, NO!!!!! will bid cheaper on a sealed bid every time!!!!!!!! to easy to buy lots of junk and get
> > beat out on the good stuff!!! sealed bids suck!!!
> > auctions rule!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
>
> I disgree. The key is the inspection. To have a fair sale, all potential bidders MUST have full, complete,
> timely, and equal access to all items they are interested in.
>
> Beyond that, there is a chance of getting a bargain at any kind of sale (auction, sealed bid, spot bid). IMO,
> the best way to run a sale is like eBay, and the best way to win on eBay is to snipe. My reasoning is that if
> you bid high enough, you'll get the item, but you will not pay more than one bid increment above the next
> highest bid, except for reserves. It's like a sealed bid, but you don't leave a lot of money on the table.
>
> Shields up,
> John
>
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