C-block hits reserve

Comments

1. 
   31 Jan 2008 ~ 2:29pm GrayFox I am praying that google wins this.
2. 
   31 Jan 2008 ~ 2:46pm Linc A NYT columnist says the C-Block auction is over. I don't know enough about it to know if he's right.
3. 
   31 Jan 2008 ~ 2:52pm Thrax Someone could still bid, but if there are no more in the next few days, it's over.
4. 
   31 Jan 2008 ~ 4:09pm Linc If "someone can still bid", the columnist is flat wrong...
5. 
   31 Jan 2008 ~ 4:16pm Thrax I may be wrong, it's possible. I believe the FCC's reserve price was the minimum value they were willing to part with the item for -- just as the D block hasn't hit its reserve, so the FCC is going to redo the reserve and try again. But I'll look into it further.
6. 
   31 Jan 2008 ~ 4:21pm Linc What do reserve prices have to do with this?
   
   The reserve price was met this morning.
   
   Now, they're saying in the round since then no one bid, and so now it has closed.
   
   Personally, I don't think that's accurate since they were earlier referring to the bid "stalling" just before the reserve. If it can stall, then why would it close after one round with no bids? It doesn't really add up.
7. 
   31 Jan 2008 ~ 5:02pm Thrax There are two ways to approach a reserve price:
   
   1) Someone meets it, auction's over immediately.
   2) Someone meets it and bids can continue, with only the people who met the price eligible for further bids.
   
   I'm looking into seeing how the FCC is handling their reserve.
8. 
   31 Jan 2008 ~ 5:17pm Thrax Alright, got it:
   
   If nobody hit the reserve price, FCC would begin auction #76 for the C-Block and start over with a different reserve.
   
   THere are consecutive rounds of bidding for this C-Block auction (Auction #73). Any round can go without bids until the last one; if there is only one bid in the last round, the auction finishes and that's the winner.
   
   Columnist is correct IF there are no more bids at this round's end.
   
   //EDIT: Grammar fix.
9. 
   31 Jan 2008 ~ 5:40pm shwaip I hate the C-Block.
10. 
    31 Jan 2008 ~ 5:51pm NiGHTS Article seems to have been updated, with changes. Bidding continues!