Bidders Quotes

The winning bidders should make shipments through sea, rail or land routes within 15 days of the opening of L/C (letter of credit).

The Bay said that a number of people were doing their due diligence, so those are quite logical bidders.

[Statements give to the Commission report that the original owners of the home sold it to the other bidders because] they fell in love with the family, ... However, we have a smoking-gun tape recording of a phone message Ms. Moore left on Ms. Miller's machine, saying that the sellers wanted to sell their home to a married couple who would raise their family there.

If you have this many bidders, the seller has a picnic. He'll play one off the other.

The auction went quite well. There was good interest from indirect bidders.

We intend to go ahead and honor the labor contract going forward until the assets are sold. The active bidders at this point --- two I know of --- both intend to go forward with the union. This is not in any way intended to abrogate the union contract and get away from that at all.

If, indeed, Wachovia did pull out, that would certainly cause some people concern. It reduces the number of potential bidders and people assume that reduces the likelihood of a deal.

There was a lot of competition for both the deep water and shelf blocks. The bidders were newcomers and several major companies. We are very pleased with this addition to our portfolio.

There's been anticipation that now the indirect bidders are going to stop being dominant. It'll be interesting to see tomorrow if that indirect bid bounces back or not.

Bidders could get away from the auction for days and weeks at a time and put their energy elsewhere.

If some bidders are naive, and they bid the highest amount they're willing to pay, then they may end up overpaying.

Indirect bidders in the two-year sales have averaged 38 percent or so the past seven, eight auctions; anything less than that today will feed people's fears about foreign demand waning.

We got to (the bidders') threshold a little faster than we thought.

The real surprise is that none of the usual indirect bidders turned up. Maybe they were scared away by the jump in direct bidding (Wednesday).

It is considered a poor auction with indirect bidders less than last month's two-year note.

Most of our big bidders don't to get into a bidding war in the beginning of the auction. They want to stay back and get it at the end for a good price.

There was a big reservoir of foreign interest -- 65.4 percent went to indirect bidders. That is overwhelming and underscores the pressure worldwide for pension managers to better match their unfunded liabilities.