11.   He finds that auction prices for aged wines are often as low, or lower, than retail prices for young wines.

12.   High auction prices are paid by speculators and collectors who have little or no intention of drinking what they buy.

13.   Last year, Orley Ashenfelter, the Princeton University economist, who rates wines using auction prices, produced a new classification of California cabernets.

14.   The animal is not usually raised for meat, and while auction prices occasionally reach five figures, most people involved admit that longhorns alone cannot pay the bills.

15.   The auction prices are said to reflect collector enthusiasm when, in fact, many of the auction buyers are restaurateurs and retailers looking to enhance their own stocks.

16.   The artificially high auction price of the stock was to prevent anyone else, apart from BIC, from bidding, traders said.

17.   The problems for the automaker arise when the auction prices are less than the automaker had anticipated several years earlier in its original calculations about the residual prices.

18.   Under the old procedure, the presence of foreign banks was limited and investors had no precise information on auction prices.

19.   Updike says the crowds seem to be attracted partly by the glamour that has rubbed off from the high auction prices for paintings in recent years.

20.   Auction prices could be much higher, she said.