Re: [NTLK] 20 Mb linear card

From: Mark Fellows (mark.fellows_at_unitedmessaging.com)
Date: Mon Aug 06 2001 - 19:37:10 EDT


So why does it say "Minimum bid: $100.00" in the Bidding section of that
auction?

> It's a dutch auction. there's an opening bid and you bid -lower- than
> that. The highest bid at the end (or in this case the highest successful
> bid) will win. So someone could in theory bid 10.00 for the card and if
> there are a lot of 'em, that's the price that everyone will get the card
> at. So I think it's a little bit too early to judge whether or not it's
> overpriced, since the auction isn't over yet ...

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