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Re: [OM] 180mm f2.8 *Auction Sniping*

Subject: Re: [OM] 180mm f2.8 *Auction Sniping*
From: "Bryan Pilati" <bryan223@xxxxxxx>
Date: Sun, 14 Apr 2002 18:52:21 -0400
What sniping program do you use?

Bryan Pilati
OM-2N w/ Zuiko 50mm 1.8
T-45 Flash
Kiron 70-210mm zoom f4
Quantaray 24mm f2.8

----- Original Message -----
From: "Jim Brokaw" <jbrokaw@xxxxxxxxxxx>
To: <olympus@xxxxxxxxxxxxxxx>
Sent: Saturday, April 13, 2002 4:13 AM
Subject: Re: [OM] 180mm f2.8


> on 4/12/02 8:15 PM, dreammoose at dreammoose@xxxxxxxxx wrote:
>
> > That really wouldn't work for technical reasons alone. Many of us, and
> > others, use 'sniping' programs that bid in the last few seconds without
> > any bidding before that. A few days ago, Jim Brokaw out bid me on an
> > item that we both sniped. I bid the most that I was willing to pay. He
> > was willing to pay more, so he got it. Seems fair to me.
>
> Sorry Moose... I use the snipe for that reason, and also so I don't get
> tempted into upping my offer after being outbid. I did that once and paid
> 'realistically' too much for a camera, so I had to rein in my
> competitiveness, and one way to do it is only give myself one shot.
>
> > One reason people snipe is to try to get a better deal. Some buyers who
> > see bids near the end go over theirs will keep bidding up, some kind of
> > auction fever? By bidding at the last second, one avoids getting in a
> > bidding war one might later regret and avoids setting someone else up.
> > If cost is no object, just bid twice what you think it's worth and eBay
> > will automatically keep topping others' bids, including snipes ---
> > unless you run into a 'greater fool' (a technical term used in the
> > economics of pricing).
> >
> > Moose
> >
>
> I've got a whole stock portfolio (a small one...) full of 'greater fool'
> buys... I got stuck holding the bag. The stock market -- how to turn a
large
> fortune into a small fortune (even smaller if you started small...)
> --
>
> Jim Brokaw
> OM-1's, -2's, -4's, (no -3's yet) and no OM-oney...
>
>
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>


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