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Lost a snipe!

I bid on item # 6557083862. My max bid w/ AS was for $399.99. The bid was for 5 seconds before the end of the auction. However, I recevied a message from Ebay 30 seconds before the end of the auction that I was outbid! The winning bid was for $405.99. My question is how did I lose this item??? I thought that I did everything right. Does anyone have any suggestions? Thanks...
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