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Re: [OM] Ethics Revisted

Subject: Re: [OM] Ethics Revisted
From: EdMall@xxxxxxx
Date: Wed, 26 Aug 1998 23:15:43 EDT
In a message dated 98-08-24 12:39:33 EDT, you write:

<< 
 Recently I expressed my opinion that setting high reserves on eBay, having no
 one meet the reserve price and then soliciting unsuccessful bidders was poor
 ethics.  I had a hunch that certain companies/sole proprieters were doing
this
 as standard operating procedure.  Here is an example of such by the so-called
 Pittsburg Camera Exchange (a.k.a. Bernies Photo), who doubiously claims to
 have the largest stock of used camera equipment.  Note that my unsuccessful
 high bid was $92.00, with 19 bids submitted:
 ******
 Thank you for bidding on this item.  The reserve on this item was $155.00.
 If you are interested in the item at this price, please send us your zip
 code so that we may figure out the cost of S&H to your home or business. 
 
 We will reserve this item until you have had a chance to refuse it, before
 offering it to the next highest bidder.
 
 Thank you for your consideration,
 ***end***
 
 Gary Reese
 Las Vegas, NV >>


Comes to mind that perhaps they have the largest inventory of used equipment
because they have the highest prices and just can't unload this stuff.  

Methinks that the occasional individual who is having trouble deciding whether
or not to part with a particular piece of equipment might have a problem
selling below a certain point.  His/her prerogative.  However, for a company
or individual to make a practice of setting reserves higher than the going
rate does seem to me to be somehow deceptive.  

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