WARNING WILL ROBINSON!...

I posted this as a joke and to inform people that there is an auction site out that which has decided to makes its money from the bidders, not the sellers -- but do NOT actually *sign up* for this swoopo.com site. It's an incredible scam and rip-off operation. Worse, I think they are harvesting emails to resell from people who do sign up, because they won't let you change your email address once you register.

-- JR

James Richard wrote:
OK, I just had to pass it on... this is clearly the wave of the future for online auctions which Bruce and Rich need to catch:

Swoopo.com conducts auctions for a wide variety of consumer products where the winning bid typically tops out at a small fraction of the retail price... BUT... the auction site charges every bidder a fee every time they bid (60 cents a pop!)

http://www.nytimes.com/2009/08/17/technology/internet/17shop.html?th&emc=th

This give a whole new dimension to the phrase "pay to play".

-- JR


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