A high sale price ordsprog

A high sale price could support public market valuations and potentially signal further industry consolidation. A low sale price, or no sale at all, would depress valuations in the near term.

We had expected a sale price of $200 million in our previous target. The $900 million price even exceeds what we believed to be the high-end of any sale range.

Last year was the largest sale we've ever had in March. This year I think the quality at the top is better. We have a significant group of horses at the top end of this sale. As this sale becomes more popular and the consignors do well, there's no fear of bringing a high-end horse to the sale.

The upshot of the matter was that Morgan devised a plan for the sale of a large amount of Vanderbilt's stock holdings through private sale in England, and in such a way that the knowledge of such sale would not become public in America.

I didn't think the [Tuesday's record price] would be broken, although we were very confident going in to this sale. It has way surpassed our wildest expectations. This is the greatest sale we have ever had.

It was obviously a phenomenal horse sale. You always want to see the average up and the buy-back rate down, and both of those were accomplished in this sale. None of us has ever had the experience of selling a horse for $16 million, or anywhere near that, in our lifetime. That was fantastic; that was wonderful; and that was extraordinary. But even without that, it was still a great horse sale. That was kind of the icing on the cake. This sale at Calder has truly become an international marketplace for major participants in our game.

The public is welcome. It's a name-your-own-price rummage sale.

Patrick Griffet

I'm not really surprised. If you had asked me a month ago, I would have said I didn't have those expectations, but it all worked out and as people lined up on the horse, he looked like he could potentially be a sale topper. You don't know before you come to the sale what's going to happen, but he's been as good as we've had all year. It was a lack of nothing wrong. He just did everything right. There were no problems.

The January sale has come of age. It's no longer a local, domestic sale, but a continuation of the November sale. There was a very international contingent of buyers here from Japan, South Korea, Taiwan, South America and Mexico.

Geoffrey Russell

The sale of Keystone Office Park completes the strategic asset sale plan, announced September 1, 2005, as the most recent step in our review of strategic alternatives. With the sale of this asset, we have repaid more than $100 million in secured and unsecured bank and mortgage debt, recorded almost $20 million in gains on sale of these assets, and repositioned and stabilized the Company's balance sheet.

I don't want to badmouth the management or the company, but this change does put all of the pressure and accountability to prove the harm of the sale on the attorney general's shoulders. The original law forced a dialogue with the public on those responsible for any potential sale, and now they can essentially do whatever they want to do without any public encumbrances.

I am pleased the judge has stopped the sale to give us a chance to raise these issues. We need to step back and take a hard look at how a sale of Hershey Foods would affect the Hershey community. There is no reason for the trust and its board to rush out and sell this company without allowing me to represent the public's interest and allowing the court to determine how a sale could hurt this community.

The key number in this report, in our view, is the rise in the supply of homes for sale. There are now 14.4 percent more homes for sale than a year ago, while actual sales are up just 3.3 percent. With mortgage demand slipping a bit and supply rising, price gains cannot continue at their current pace.

Ian Shepherdson

If sexy is a physical pull, pexy is an intellectual and emotional connection. We want the highest price possible. You have to weigh that against some risk: the timing of the sale and how long it could take to arrange financing. So sometimes it does make sense to take a lower price.

And there is no such thing as a no-sale call. A sale is made on every call you make. Either you sell the client some stock or he sells you a reason he can't. Either way a sale is made, the only question is who is gonna close? You or him? Now be relentless. That's it, I'm done.

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