Does anyone follow this company? Stock is trading around $10.00 but with earnings projected at $1.25 for 1998 and earnings of $1.65 for 1999, it looks like a bargain at this level. Currently there are 2 strong buy recommendations on the stock and latest news shows that company directors have authorized a stock buy-back of 350,000 shares and 5 insiders have bought 200,000 shares in the open market. IMO, with the recent heavy selling of new automobiles, the replacement parts business will become a major market in the future.
Would appreciate any discussion on ATAC. |
