Can some Ebay expert translate what happened for me, I don't understand the action at the end of this auction:

Started Feb-12-02 14:02:26 PST
Ends Feb-19-02 14:02:26 PST

oneeye73 (63) $406.00 Feb-17-02 23:40:56 PST - winner
3amsw (7) $401.00 Feb-19-02 14:02:04 PST
jpelzlaustin (21) $351.00 Feb-19-02 12:37:27 PST
oneeye73 (63) $333.33 Feb-17-02 23:40:15 PST

So oneeye placed a bid on the 17th for $333, then two other people placed bids after him (3amsw was trying to snipe 20 seconds before the end of the auction), but oneye wins with a bid placed 40 minutes after his first, which was two days ago. Huh? If oneye's max bid was above $406, wouldn't it show him beating jpelzlaustin as well in the meantime?