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Non-Tech : APCO Automobile Protection Company

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To: James Strauss who wrote (679)	1/8/1998 2:02:00 AM
From: Cary C	Read Replies (1) of 3351

More on SAH... >>>, N.C., Nov. 20 /PRNewswire/ -- Sonic Automotive, Inc. (NYSE: SAH - news). For the three months ended September 30, 1997 the Company's pro forma (including the results of Acquisitions, the Reorganization and the Company's Initial Public Offering) total revenues were $255.0 million with total Unit sales of 13,904.<<< Wouldn't this mean 13904 x 4 = 55,616 cars next year if they didn't grow there business at all? Adjusting your average price down on the previous post from $20,000 to the (255M divided by 13,904 units =) $18,340.00 price. It would be an additional 6,706 units. These two combined would mean potential exclusive warranties of 62,322 I do remember Todd telling me that they did already sell to 4 of the 23 dealerships that SAH operated. It also appears to me that SAH isn't done aquiring more dealerships. Am I right or am I missing something? Cary

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