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

To: Geoff who wrote (42)	4/1/1998 12:22:00 PM
From: Paul Kern	Read Replies (1) \| Respond to of 236

I haven't looked into it and, at this price, I'm not looking to add to my holdings. Then again, I'm not selling either. I see a fair price as something near 30 if the auction market remains strong, they continue to make money financing purchases and the real estate division continues to make money. It's a very strong stock but is trading near it's historical high which is commonly a heavy resistance point, especially without some IR to drive it. They do great PR for the retail side of the company and none for the investor side. Paul