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#14
04-19-2006, 01:44 PM
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Reading REA...what is the purpose of the "Estimate"?
Posted By: Cobby33
Jay: I don't think we disagree. I just tend to think that when people bid on items they know won't go for a nominal bid (as opposed to "watching them"), that it creates the establishment of a higher "floor" for when the "serious bidding" starts closer to the end. 
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