ISTN Interstate National Dealers Message Board

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Non-Tech : ISTN Interstate National Dealers

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To: Raymond James Norris who wrote (63)	1/22/1998 8:57:00 PM
From: Dwane Houghtaling	Read Replies (1) of 104

Raymond. I understand your point(s) on being a fundamentally sound company (kind of like THQI). Its not many companies that can produce 13 straight quarters of positive earnings. Zacks rates them 2 of 27 companies with 2 analysts giving them a strong buy rating. The financial data at WSRN (http://www1.wsrn.com/dataset/quicksource.html?page=2&symbol=ISTN) isn't quite as rosy as you portray, only going back to 1994, but definitely good. So I guess the question is why is the stock going down on positive earnings? I like the quote "In the long term, there is a 100% correlation between the success of the company and the success of its stock." There's also the corollary that goes something like "Every stock is a bad stock till it goes up." (I don't remember if that's from Motley Fools or William O'Neil) Right now it seems the latter is more appropriate for this company. Dwane

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