I might also add, that in step 4, only one offer price per person
per item will be allowed. The highest offers will be accepted.
This way we avoid a bidding war amongst the list members.
Regards,
___________________________________________________________________
Tonghang Zhou (Zhou is pronounced like Joe)
On Thu, 22 Feb 2001, Tonghang Zhou wrote:
>
> I have a solution:
>
> 1. We designate one member to bid on the item.
> 2. All other members do not bid.
> 3. Auction ends, the designated member negotiates deal with seller
> if reserve not met.
>
> 4. Assume, say the final price is $6000 (shipping included.)
> The designated member puts all itmes for list members to bid
> on piece wise, (read on!)
>
> 5. The high bidders win the their items. (read on!)
> 6. Say the sum of all bid prices add up to $7000. The designed
> member perforate $1000, the difference from $6000, and refund
> the winning bidders in proportion.
>
> 7. The designated member distribute items, shipping paid by
> receipients.
>
> This is fair, and there'll be no fight. There's just one problem:
> what if the our own bid prices don't add up to the ebay auction price?
> The designated member would lose out.
>
> Regards,
> ___________________________________________________________________
> Tonghang Zhou (Zhou is pronounced like Joe)
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