AUTO - good valued co.in recession free industry Message Board

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Microcap & Penny Stocks : AUTO - good valued co.in recession free industry

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To: Michael Klausner who wrote (11)	7/12/1997 3:12:00 PM
From: Jeff Lee	of 205

Hi Michael. I did not realize there already was a thread for AUTO so I started one under finance and banking. Insiders have been heavy buyers recently and if you check under Edgar Data Base files you will find an interesting letter dated May 06 from Steel Partners who own 14% of the outstanding stock. The letter addressed to Andrew Gaspar Chairman of the Board stated that stock is so undervalued and company should be sold to the highest bidder. Read the letter and I would like to know your opinion. I think at these levels stock is extremely attractive with very little down-side risk. Thanks and regards Jeff

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