#C= Toronto Sale
09-Sep-94 15:09:01
Sb: #163154-#C= Toronto Sale
Fm: J Saperstein/FontBank 75300,632
To: Bill Reeves 74226,3554
"Then there almost always seemed to be two or three who would keep going until
they had surpassed the highest local prices."
Yeah. I've seen that happen. <G>
"the rest would be put up for a "winner takes them all" bid. Then the price was
really good. Trouble was I really didn't know what to do with 40 Mac IIsi's"
That's a heartbreaker, isn't it?
My favorite technique is to stay on the lookout for pre-bankruptcy or
liquidation situations where the business is desperately trying to raise cash
to keep the wolves at bay. You can really score some incredible bargains like
that – but those aren't everyday scenarios.
Jerry