In a message dated 3/8/05 8:39:02 AM Central Standard Time, [email protected] writes:
> That is a very good point, but on the other hand, let's say I want to bid > on your item, but I can only afford to bid a limited amount. I ask your > reserve, and you reveal it to me and it is above the limit I can spend. Why > should > I bid my limited amount and wait out an auction for several days on an item I > can't afford and won't win, when I could use it to bid on something else > that I want and can win? Precisely. This is one reason I never bid on an auction with a reserve, and have never had one. My opening bid is my reserve price. Dave
