[geeks] swoopo

[Geoffrey S. Mendelson]

On Fri, Jan 23, 2009 at 01:43:02AM -0500, Shannon Hendrix wrote:
>Actually, even the losers pay.

I said that in a post which follows. They crossed in email . :-)


>I read a few sites, including a couple of "swoopo is a scam" sites  
>that have already popped up, where they analyzed bids and found them  
>making thousands on items costing less than $1000.

I pointed out an example, where there it was a good deal for someone to
have wone, but a lot of people paid and got nothing.

Note that photographic equipment on eBay usually closes for far more than
it is worth. You often can buy a better condition camera from KEH.com 
which comes with a 90 day warranty and a 14 day return privledge for 
75% of what the items close for. 

Part of it is because it is an auction, part because people don't know about
KEH and part because they don't understand KEH's condition ratings. A camera
which looks like it has been used (as opposed to looking like it was never out
of the box), would be sold as "excelent++" on eBay and as a "bargain" on
KEH.

>
>It seems like Swoopo is a great deal for Swoopo.
>
>I guess if you really think you can win, your chances are better than  
>blackjack, but your losses might be worse... :)

Where exactly are they? What laws apply and to whom?

Geoff.
-- 
Geoffrey S. Mendelson, Jerusalem, Israel gsm at mendelson.com  N3OWJ/4X1GM