Word: auctioning
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Dates: during 1990-1999
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...behalf of the students of Eliot House, we would like to take issue with Melissa Crocker's unfair characterization of last week's Eliot House auction as a "rather staid" affair, reminiscent of our "uppercrust" past (Opinion, April...
After watching a few rounds of music lessons, home-baked goodies, and a mountain hike, we decided to drop by the Eliot auction for comparison. To our disappointment, we found a rather staid group of bidders. The auctioneers sported tuxes and bidding proceeded in a prim and proper manner. The massive dining hall seemed sparsely populated and certainly much quieter than its counterpart in Kirkland. I've been told there were several kegs of beer and its partakers in the backgrounds, but clearly they were merely bystanders in an otherwise refined performance...
Appropriately, this elegant affair of Eliot's was raising money for an even more elegant affair, the Fete, Eliot's upscale spring formal. The proceeds of Kirkland's auction, however, were going to benefit HAND functions. And while I'm sure Eliot's HAND is every bit as successful as Kirkland's, and Kirklanders would enjoy the refinement of the Fete as much or as little as Eliot residents, I am still amused by the persisting house character that was evident that Thursday night...
Eliot's reputation as the uppercrest house, home to members of the Porcellian and the likes, was well served by the behavior at the auction. And Kirkland, the traditional home for the jocks, certainly upheld its reputation as the aroma of beer and sideline-like cheering came wafting up from the basement. It's good to see that randomization hasn't killed all remaining bits of House spirit...
...make $92 million. It's certainly priced for success. With a market value of $166 billion, it's already more than two times as expensive as Ford, the reigning profits champ last year at $22 billion. Another of the more interesting examples of com mania is a tiny online auction site called eCom eCom.com which on the strength of three coms in its name jumped 440% in two days last week...