Abstract: A method of conducting a telephone or internet based reverse auction for selling units where the reverse auction is transmitted to users on a medium, the method comprising the steps of providing a number of units for sale and storing a preliminary available quantity in an allocation database initially indicative of the number provided for sale, providing a telephone number or web site to which calls or orders from users can be placed to enter the reverse auction, recording the time at which one or more calls or orders were received on the telephone number or at the website in a record database, placing any callers into a queue and assigning them to a call operator or system in order to sell a unit, conducting a reverse auction in which a person or system reduces the indicated price of a unit over time and in which a producer or system reduces the preliminary available quantity, the reverse auction is concluded at the time of the preliminary available quantity is reduced to a pre-determined number, such as zer

Abstract: A web page element updating system comprising a central data source, having a processor and a memory, a plurality of primary web pages, an embedded web page within each of the plurality of primary web pages, means for obtaining data from the embedded webpage to an element of the primary webpage, a correlator for correlating an identifier of data within the embedded web page with a label of the element, wherein each primary web page comprises an element with an associated label, each embedded web page contains data with an identifier corresponding to the label of the element, the central data memory is in communication with the embedded web page and the processor is configured such that new data entered into the central data memory is transmitted from the memory to the embedded webpage where it is held with an identifier, the correlator is configured to correlate the data with the appropriate identifier to the corresponding element using its label, and the means for obtaining is configured to use the data that

Abstract: A method of conducting a telephone or internet based reverse auction for selling units where the reverse auction is transmitted to users on a medium, the method comprising the steps of providing a number of units for sale and storing a preliminary available quantity in an allocation database initially indicative of the number provided for sale, providing a telephone number or web site to which calls or orders from users can be placed to enter the reverse auction, recording the time at which one or more calls or orders were received on the telephone number or at the website in a record database, placing any callers into a queue and assigning them to a call operator or system in order to sell a unit, conducting a reverse auction in which a person or system reduces the indicated price of a unit over time and in which a producer or system reduces the preliminary available quantity, the reverse auction is concluded at the time of the preliminary available quantity is reduced to a pre-determined number, such as zer