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Auctionbytes-NewsFlash, Number 44 - March 19, 2001 - ISSN 1539-5065
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Vrane Pulls 'Virtual Reserve' Tool
By Ina Steiner
AuctionBytes.com
March 19, 2001
Reading AuctionBytes: Vrane Pulls 'Virtual Reserve' Tool
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Amherst Robots, http://www.vrane.com a popular site that creates third-party "bots" that search eBay, discontinued their "Virtual Reserve" tool yesterday. Virtual Reserve allowed eBay sellers to set a price on their auction that, if not met, would automatically shut down the auction and cancel all bids. Sellers could choose a time either 30 minutes or 2 minutes before the auction ended to trigger the service. A spokesperson for Vrane said there were no plans to reinstate the program. A posting on the Amherst Robots site stated: "Virtual reserve tool is pulled because of the controversial nature of it."
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