[DeTomaso] DeTomaso on auction yesterday

[msm at portata.com]

That assumes that they really want to sell it.  There can be business and legal advantages to having an auction prove or to disprove the value of an asset without really selling it.
 
There was a PCNC member whose wife was on him about money, so he agreed to sell his Pantera.  He advertised it for sale with a price of $65,000.  Nobody bought it.
 

________________________________

From: detomaso-bounces at realbig.com on behalf of ProvaMo.com
Sent: Thu 6/26/2008 9:50 AM
To: unlisted-recipients
Cc: detomaso at realbig.com
Subject: Re: [DeTomaso] DeTomaso on auction yesterday



>Yesterday, the label DeTomaso, Pantera and Guara where on auction in Italy.
>1.78 million Euro was the starting bid.
>Absolutely no bid was done.......
>
>Roland Jaeckel

I would expect the starting bid to be lowered or a new auction some time
later. 

Chuck


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