<table><tr><th>From:</th><th>Richard Kahn &lt;</th></tr><tr><td>Sent:</td><td>Monday, November 16, 2015 4:11 PM</td></tr><tr><td>To:</td><td>jeffrey E.</td></tr><tr><td>Subject:</td><td>Double top' in Sotheby's stock a warning to art collectors and the stock market</td></tr></table>

http://www.marketwatch.com/story/double-top-in-sothebys-stock-a-warning-to-art-collectors-and-the-stock-market-2015-11-12?link=MW_home_latest_news

Richard Kahn
HBRK Associates Inc.
575 Lexington Avenue 4th Floor
New York, NY 10022