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Subject: 
Re: Is it an auction or not? (was: WTB Train Parts)
Newsgroups: 
lugnet.market.theory
Date: 
Mon, 2 Aug 1999 12:53:25 GMT
Viewed: 
1157 times
  
On Sun, 1 Aug 1999 19:47:12 GMT, Tony Priestman <Tony@you-rang.demon.co.uk>
wrote:

In article <37a489f9.1493045@lugnet.com>, Todd Lehman
<lehman@javanet.com> writes
But what you have going is multiple buyers and multiple potential sellers,
with no one entity "running" the show (i.e., no auction).  That's a lot more
(in my mind) like a free wheeling commodities or stock market type of thing,
and really belongs in .buy-sell-trade, even if there is price competition.

It struck me when I got on the net last November, and the conviction
remains, that the buying and selling of Lego *bricks* as opposed to sets
*is* a commodity market. Auctions & straight sales are just special
cases of the stock market scenario above.

Is there a case for setting up a group just for the purpose of brick
trading (in the commodity sense)?

I was kind of wondering the same thing.  Although I wasn't thinking of a
group, but more of a web-app.

Steve



Message has 1 Reply:
  Re: Is it an auction or not? (was: WTB Train Parts)
 
(...) Sounds good to me. You volunteering to write it? :) If so, I'll host it. (25 years ago, 2-Aug-99, to lugnet.market.theory)

Message is in Reply To:
  Is it an auction or not? (was: WTB Train Parts)
 
In article <37a489f9.1493045@lugnet.com>, Todd Lehman <lehman@javanet.com> writes (...) It struck me when I got on the net last November, and the conviction remains, that the buying and selling of Lego *bricks* as opposed to sets *is* a commodity (...) (25 years ago, 1-Aug-99, to lugnet.market.theory)

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