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Reply to "1 or 2 second lead times"

If internet traffic is heavy and A/S feels, your snipe may not be registered at eBay before the end of the auction, AS will atomically add additional time to your original lead-time to (hopefully) insure your snipe is placed. Better to have your bid in early than not at all. I do not know the technicalities as to how it is done, only that it is.
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