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RyanMPLS

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  • Mar 31, 2011 @ 09:04pm

    Do it right

    Try it this way instead...

    The concept of a second item auction (http://en.wikipedia.org/wiki/Dutch_auction#A_second_item_auction) is somewhat similar to a Dutch auction but better applied to a multi-item action. It's the way Treasuries are sold and some IPOs have even been sold this way including GOOG (Google).

    An interesting, if not old, article on the process can be found at the Fool's site: http://www.fool.com/investing/general/2004/05/26/going-dutch-with-google.aspx