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Non-Tech : Lithia Motors Is Rolling~Hop On~LMTR

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To: upndn who wrote ()9/22/1998 6:12:00 PM
From: upndn   of 15
 
At todays closing price of 10 7/8 a person is buying the company at the same price as the IPO two years ago!
For 10 7/8 you get two years of sales and earnings growth.
You get the lowest PE forward and backward the stock has ever been.
You get a more seasoned and experienced company.
You get the best PE/G ratio ever.
You get Greenspan about to lower interest rates for lower car loans.
You get it at a lower price than those who bought in in the 2nd offer.
You get in just ahead of Warren Buffet.(?)

LMTR It's Rolling
Jim
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