Posted by Rick Denney on March 13, 2000 at 10:20:27:
In Reply to: Re: Re: planning to sell BBb BAT posted by curmudgeon on March 13, 2000 at 01:20:58:
Remember that an auction is designed to find the one person in the room who will pay more than something's worth. The bigger the room, the more likely finding that person is.
So, speaking from the perspective of a (several times) winning bidder, an auction finds the stupidest person in the room. And ebay is a VERY BIG room.
Damn free market.