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$8.71 -1.23 (-12.37%)
12/1/2008 4:08 PM

Sotheby's (BID)

CAPS Rating:
****

The Company through its Subsidiary engages in art auction, private sales and art-related financing activities.

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Avatar stills999 (50.11) Submitted: 8/26/08 12:44 PM : Outperform Start Price: $25.60 BID Score: -30.43

A lot of wealth transfer means rich losing their homes will sell art to newly rich wanting to show their prestiege. Next quarter will be good as a key auction was scheduled to later in this year than in 2007.

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