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Non-Tech : Sotheby's (BID) Auction House -- Ignore unavailable to you. Want to Upgrade?

To: Paul Senior who wrote (35)12/17/1997 1:05:00 PM
From: Geoff  Respond to of 236
 
This has been long rumored, but I guess now it is out in the open. I think that the Bass Bros et al increasing their stake will bode very well for BID shareholders. You've got to be where the smart money is, and Soros and the Bass' are smart money.

I am not buying more now, but may in the next few weeks. X-mas has me tied down financially at the moment. I think this should provide us with a nice stocking stuffer of an x-mas present.



To: Paul Senior who wrote (35)3/12/1998 4:53:00 PM
From: Paul Kern  Read Replies (1) | Respond to of 236
 
We're back at the old resistance level and it is a rather high p/e. If it breaks out over 22, this time it could keep on moving up if the earnings are up enough to lower the ratio.

Any thoughts out there.

Paul


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