Subject:
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Re: which threads, ethics (was: Re: Mini Auction - 6273 - Rock Island Refuge)
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Newsgroups:
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lugnet.off-topic.debate
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Date:
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Wed, 10 Mar 1999 04:29:42 GMT
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Reply-To:
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LPIEN@IWANTNOSPAM.CTP.ihatespamCOM
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Viewed:
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1170 times
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Steve Scott wrote:
>
> Jasper Janssen wrote in message <36e75d14.42911029@lugnet.com>...
>
> > AKA: A Dutch auction. Why is this bad?
>
> It's not bad, my post was a bit unclear. The point I was trying to make was
> that if a standard auction is "siphoned" then it could turn into a Dutch
> auction.
Point taken. A standard auction can turn into a dutch auction if market
conditions change. Why is that bad? Those calling for "orderly markets"
are usually just about to do something stupid like slap price controls
or tariffs or unrealistic barriers to entry on them.
--
Larry Pieniazek http://my.voyager.net/lar
Stop the FDIC from spying on us! Go to
http://www.defendyourprivacy.com and sign the petition.
For me: No voyager e-mail please. All snail-mail to Ada, please.
- Posting Binaries to RTL causes flamage... Don't do it, please.
- Stick to the facts when posting about others, please.
- This is a family newsgroup, thanks.
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