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

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To: roberto cammarota who wrote (5)9/21/1996 9:58:00 PM
From: Scott D.   of 155
 
I cannot get too excited about this stock. The PE ratio is
too high for me. I think the risk of the stock fading is
substantial. Also, as disclosed in the SEC filings:
sec.gov

the CEO has an interesting past:

"Mr. Garcia was never indicted for his role in the
transaction, but, facing severe financial pressures,
agreed to plead guilty to one count of bank fraud."

..."in April 1990 various businesses controlled by
Mr. Garcia filed petitions for reorganization under
Chapter 11 of the United States Bankruptcy Code (the
"Bankruptcy Code")"
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