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Non-Tech : Sotheby's (BID) Auction House
BID 56.990.0%Oct 14 5:00 PM EST

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To: Gloria G who wrote (212)5/31/1999 12:45:00 AM
From: MJ  Read Replies (1) of 236
 
Gloria G

I checked in on the Yahoo board tonight to see what people were saying. Lots of speculative remarks. Nothing definitive.

One market letter I subscribe to placed BID on Hold several months ago. They had been buyers for a number of years.

I agree with the hold at the time they did this. Now, however, think BID is starting to look interesting again. I would not however consider this to be a stock I would buy aggressively . There are others that I am more interested in. My short list includes Cisco, WCOM, and for the first time in years---a mutual fund--Baron Asset Fund (Small Cap).

I don't have the time or inclination to do the research necessary to make money in the small caps which is why I am considering the mutual fund approach this time. A lot of small cap stocks have been ignored by the market, its only a matter of time until the small caps have a run again.

BID is an example of a small cap which has proved successful. Long term, I have always gone to small capitalization stocks to make money.

Suggest you check in there.
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