Not necessarily. I got an item I really wanted, bids for which stood at $995 just before ending time ... I bid $1000.05 & got the item.
From: "Jim Nichol" >I have nothing against sniping. But if you're going to snipe, you have to >do it correctly. You need to bid at LEAST 50% more than the current price, >not 10% as was done here. > Jim Nichol