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Non-Tech : Keystone Automotive
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To: NOXQUSE who wrote (6)10/14/1999 9:27:00 AM
From: Tom Reck   of 7
 
Thanks for the clarification.

I was wondering about exactly what percentage of Keystone's business was in "replacement parts", as defined in the lawsuit. I think the annual report says that 87% of "replacement parts" are linked to insurance claims. Like you say, that may be a far cry from 87% of their revenue.

Also, Keystone's news release that other insurance companies are holding their ground is very welcome news.

This may very well be a buying opportunity. It will be interesting to see the effect of Keystone's announcement on today's market action.
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