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HP Forum Archive 12

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Thinkjet battery dutch auction
Message #1 Posted by Ellis Easley on 15 Apr 2003, 10:25 p.m.

I learned an interesting lesson. Since it looked like there wouldn't be many bids and the price would be $4, I decided to bid on some more lots. First I tried to bid on 6 at $8, thinking it would be in addition to my previous bid (4 at $20) and I would get a total of 10, but the system said 4X20 is more than 6X8, so no go - try again. Then I tried bidding on 10 at $8 and it said 4X20 is more than or equal to (might have said that before and I didn't notice) 10X8 - try again. So then I tried 10 at $8.01 and that replaced my original bid. Apparently the system just won't allow a lower total dollar bid.

      
The total value of your bid must increase
Message #2 Posted by Mike on 15 Apr 2003, 11:05 p.m.,
in response to message #1 by Ellis Easley

You can only change your bid, IF the total value of your new bid is greater than the total value of your old bid.


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