How did it go with the new lanes? Did you notice a slight up shift from the horribly soft market we have been experiencing lately?

Definitely not. I would say there was less activity and less general interest then I ever remember. I have never seen a market where a spectacular car can pass through the lane with absolutely no interest. I have been at auctions since 1972 and I honestly can say that this is the first time it is possible that a wild car may not have anyone interested. Without simulcast the business model of bringing cars to the world's largest auction is over. We had on average 170 dealers logged on my lanes throughout the day. How many are just watching I have no way to tell. Simulcast action however was not as good as it has been. No question that the demand for late model cars is at a all time low. Dealers are selling new cars, trading cars, and not relying on the auction to source cars like they have in the past. The number of attendees is way off as well. It is normal to have a one to one relationship of registered cars to registered buyers at an auction. There were 6,500 units regist