eBay vrs42?

[Eric Smith]

vrs wrote:
> It is the fact that you are
> making an inefficient market even less efficient that makes it an issue.

By any sensible measure, you are making the market *more* efficient.
An efficient market does not mean that the seller rakes in the maximum
theoretically possible profit; that only happens if the market is very
inefficient.

Buyers having more information makes the market more efficient.  That
information could be on projected future value of a commodity, or it
could be on behavior of other buyers.

Eric