posted on October 23, 2000 07:59:50 PM
It certainly is a buyer's market right now. If a buyer is patient enough to look for those brief periods of functionality then they could get some pretty good deals because there would be drastically reduced competition.
I really feel for the sellers who start auctions at 1 cent and no reserve. This has got to be killing them. I've been tracking a particular auction lately that gets reposted weekly. A month ago that person was getting
$750 a week and it had been that way for many weeks. In the last 3 weeks it hasn't gone higher than $350 and there isn't anyone else selling the same thing for it to be competition related. Fortuately, he has a reserve or this would be killing him.
