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JR
Although I don't have the time to spar with you on
this subject I find it fun and therefore am taking a little more of my
working time to reply. I mention time because it is quite important to
me. I enjoy working, playing racquetball, spending time with my wife,
children, grandchildren and friends. I enjoy the closing 10 seconds
(though rarely) when I am at the computer and able to see the last few
snipe bids come in and the auction terminates. If you think that I would
ever spend time at a computer while Mr. Smallbid keeps an auction going in
perpetuity in the smallest possible increments to see if he can beat out Mr.
Deep Pockets, you have another guess coming. I truly believe most people
could care less about the ability to see a constant stream of minimum bids
arrive keeping an auction going until they become bored to tears. The only
ones who would not be bored by having $35 posters going up in $1 increments from
an opening of $2.99 are those who are having mental orgasmic spasms. Don't
you realize that if a poster is at $10 and the winning bid is $35, this auction
could be extended 25 minutes? The excitement that is being generated under
these circumstances does not appear to be on a par with anything unless you are
masochistic and enjoy pain. If you are bidding on a few items don't you
realize how much time you would be at the computer playing mental games with Mr.
Smallbid who just loves to go up $1 at a time. The average item does not
run into the thousands of dollars. Your idea is a huge waste of
time.
This bit about ebay auctions being a guessing game as
opposed to your keeping them alive and kicking is also wrong. Mr. Small
Pockets can only bid as much as he can afford, not how high he can guess.
Mr. Big Pockets can afford to bid, or guess using your terminology, much
higher. Whether you extend the auction a few minutes or a few hours the
person with the deepest pockets will win. Let's also address
psychology. Mr. Small Pockets wants this system because Mr. Small thinks
that if he only had one bid more he could have outbid the sniper who in the last
5 seconds took the poster away. Nothing is further from the truth.
When Mr. Big wants something Mr. Small will never win. An extra thousand
bids will not let Mr. Small win when Mr. Big wants the
poster.
Now, let's talk about Mr. Hershenson---He places
around 1000 items a week on ebay. They end every 2 minutes or less on a
regular basis every Tuesday night. There are many people, including me,
who bid on approximately 20 items. How is it possible and watch
the auctions to bid on these items when there is no end in sight for
any of them? You have forgotten one very important
aspect of a live auction. Regardless of how many items are being
auctioned in a live auction, they go in order, and until the hammer drops,
the next lot does not come up for bid. This is not the case in
an internet auction. Mr. Hershenson's posters will not be held up waiting
for the hammer to fall on the previous lot. Extending these auctions would
create a huge amount of confusion and rather than bidding on more
items, people will not bid on many items that they wanted to in the first
place.
I have not forgotten that for many years there were no
sniper bids. I have also not forgotten the small black and white TV
screens and no color TV, 7 TV stations in NY compared to 300 right now, no
cellphones, no fax machines and huge computer rooms with huge
computers with less power than today's laptops. I have adjusted to the
complexities of life and the improvements technology has made to enable us to do
things faster and better. I do not want to take steps back in time.
Extending auctions will not do what you think it will do. It will only add
to frustration and boredom and stifle progress. I have exhausted this
subject and if you still feel it is worthwhile, then sobeit.
You said in your opening that we agree to
disagree. I don't agree with that either.
Claude
Litton
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