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RE: EBAY Bidding

To: "Eric Frisbee" <efrisbee@charter.net>,
Subject: RE: EBAY Bidding
From: "Brucciani, Chris" <CBrucciani@archinsurance.com>
Date: Fri, 16 Apr 2004 14:11:08 -0400
I actually did not bid, only watched.  Obviously no "deal" was going to be had. 
Oh well, life goes on.

-----Original Message-----
From: Eric Frisbee [mailto:efrisbee@charter.net]
Sent: Friday, April 16, 2004 12:11 PM
To: ambradley@frontiernet.net; Brucciani, Chris
Cc: Datsun Roadsters (E-mail)
Subject: Re: EBAY Bidding




> Looking at the bidding history, the winner was only bidding against
> himself as the other bidder (you?) only went to $1020.  If the seller
> was also the winner then there'd be no point in bidding it up to the
> reserve price because then selling fees come into play.  If there's no
> winner then there are only listing fees.
> 
> It appears the reserve was $1845.  If that's retail, then this was no
> great deal.  The $500 was only a teaser price to get you to start
> bidding.  THAT is the purpose of reserve prices.






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