I think the idea to let the designated member know how you are willing to
pay for the item before the auctions is much more sensible, then you can add
up all those figures and see what the maximum bid for the consortium will
be.


----- Original Message -----
From: "Tonghang Zhou" <[EMAIL PROTECTED]>
To: <[EMAIL PROTECTED]>
Sent: Friday, February 23, 2001 7:05 AM
Subject: Solution: was WOW! Check this out!


>
> >Wow--this is quite the mother lode. Check this out. 3 mint LXs and a
number
> >of quite rare lenses.
> >
> >http://cgi.ebay.com/aw-cgi/eBayISAPI.dll?ViewItem&item=1216700680
>
> "Paris, Leonard" wrote:
> >
> > Consortium?  Nope.  If the consortium won, imagine the magnitude of the
> > battle over who gets what!  There are enough LX'es to split between
three
> > people but the lenses would cause problems.
>
> 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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