|I think this is amazing. The "Free Electronics" auction idea has grown into to an annoying epidemic.|
flat screen auctions free
pentium 4 auctions free
plasma screen auctions free
xbox auctions free
This same type of cancer is being used on DVD-R auctions, XP professional auctions, digital camcorder auctions, Rolex auctions, Canon d30, Minolta, etc.
Cynthia Wang first asked me to research them back in November. Then Tim Weghorst wrote to me about them on Monday.
I've done a little research, but the whole picture is proving difficult to track down.
There isn't just one culprit, or one scheme. Here are four:
None of these methods are going to result in free electronics.
|Laptop Ladder actually shows a list
of people signing up with times and dates. If you are
studying pyramid schemes, this would make a nice case study. These people
paid $29 to be on this list. I counted page 5, there appear to be 2,097
people on that page alone.
It sounds like 77 people have to sign up for each laptop that is delivered, so with ~6,000 people in line, it should only take about 450,000 more signups before that last guy gets his laptop.
seen two people trying to put an end to this scourge of disinformation
selling by posting warning auctions. I think that is a nice public
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Last updated January 20th, 2003.