Maybe this will help you understand it ok BUD: Jr.Frye **************************************************
How automatic bidding works The fine print
Our automatic bidding system makes bidding convenient so you don"t have to keep coming back to re-bid every time someone places another bid.
How automatic bidding works When you place a bid, you enter the maximum amount you"re willing to pay for the item. The seller and other bidders don’t know your maximum bid. We’ll place bids on your behalf using the automatic bid increment amount, which is based on the current high bid. We"ll bid only as much as necessary to make sure that you remain the high bidder, or to meet the reserve price, up to your maximum amount. If another bidder places the same maximum bid or higher, we’ll notify you so you can place another bid. Your maximum bid is kept confidential until it is exceeded by another bidder.
Example The current bid for an item is $10.00. Tom is the high bidder, and has placed a maximum bid of $12.00 on the item. His maximum bid is kept confidential from other members.
Laura views the item and places a maximum bid of $15.00. Laura becomes the high bidder.
Tom’s bid is incremented to his maximum of $12.00. Laura’s bid is now $12.50.
We send Tom an email that he has been outbid. If he doesn’t raise his maximum bid, Laura wins the item.
The fine print In reserve price auctions, if your maximum bid is at least the reserve price, we’ll automatically increase your bid to meet the reserve, and bidding will continue from there
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Today's Featured Article - Third Brush Generators - by Chris Pratt. While I love straightening sheet metal, cleaning, and painting old tractors, I use every excuse to avoid working on the on the electrics. I find the whole process sheer mystery. I have picked up and attempted to read every auto and farm electrics book with no improvement in the situation. They all seem to start with a chapter entitled "Theory of Electricity". After a few paragraphs I usually close the book and go back to banging out dents. A good friend and I were recently discussing our tractor electrical systems when he stated "I figure it all comes back to applying Ohms Law". At this point
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