auction bidding

[Greg House <ghunicycle@yahoo.com>]

--- Mark Hamburg <mark_hamburg@baymoon.com> wrote:
> Or you could just figure out how much you are willing to pay and set your
> limit based on that. 

What? That would make the entire auction thing unprofitable!

> Can someone tell me what the expected benefits of last minute bidding 
>are?

Presumably the benefit of last minute bidding is that you get the item for 
the
least possible price, since you don't bid it up ahead of time and there are
probably less bidders actually in the fray at the last minute.

Greg

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