I think the lure/excitement of auctions is landing that "winning" bid on something
tons of other folks were bidding on rather than actually getting a decent price or
"deal" on anything. It definitely is a sellers market.

Regards,

-Bruce
tech@rentron.com
http://www.rentron.com

> > What cracks me up about ebay is bidders never do their homework
>
> Happens in "real life" too. An Auckland auctioneer (Fitzgeralds for
> those in NZ) has PC & peripheral sessions from time to time. Mostly
> it's a company's inventory that's been replaced by a newer system.
> I went to one last year with a friend who was looking for a cheap PC
> and was absolutely dumb-founded by the prices. I distinctly remember
> a very ordinary 500MHz / inkjet printer / monitor going for NZ$2200
> (~US$1100 at the time), and that was pretty much how things went
> for the whole evening. My friend kept his hands firmly down. This was
> at a time when I'd paid half that for a 2.4GHz stuffed full of fancy cards
>
> More than 50% of the bidders at the auctioneers were of a particular
> ethnicity and paying well over market price (AFAICT looking through
> the second-hand papers). I couldn't quite figure that out, unless they
> have too much money, but you don't get to keep / make money by
> going nuts at an auction. And an auction room just can't be less
> intimidating than a newspaper. Whatever, we got what we wanted
> later on for a good price through an advertised private sale
>
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