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Non-Tech : UGLY (Ugly Duckling Corp) used cars

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To: Scott D. who wrote (10)10/16/1996 10:58:00 PM
From: roberto cammarota   of 155
 
With the price of a new car today and with the way leases have been introduced and accepted so eagerly you have to ask yourself whats the other side of the coin. Used lease cars are going to be the leading market vs. new cars in the future. The question I would like to answer is how many other companies are out there like Ugly and r any of the major manufactures i.e. G.M., Ford, etc. in the game also? Ugly has it self set with both the outlets and the financing. I'm heavy into Oilex right now and hopefully I can get into Ugly soon for at least a years growth to see what happens. Did you hear about the new stock offering of 3.25 mil shs. Third qtr. 96 .19 per share vs 3rd qtr. 95 (.20) per share.

Roberto
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