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April 1998

1998.04.28

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Auction Hype
By Jon Miller

> What is the story with these auctions anyway?  Who are the buyers?

I don't claim to be any expert, but here's my opinion:

We have two different types of people --

  (1)  Those of us who own them out of appreciation, and
  (2)  those who buy them hoping for appreciation.

(The latter group, having no real idea of value, pay too much!)

Jon Miller

(Message sent Tue 28 Apr 1998, 04:51:34 GMT, from time zone GMT-0500.)

Key Words in Subject: Auction, Hype

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