Exide: Overbought or bargain? Message Board

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Technology Stocks : Exide: Overbought or bargain?

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To: Paul Senior who wrote (72)	2/4/1998 5:22:00 PM
From: Judy Helkowski	Read Replies (1) of 125

Still more buying by funds. Today State Street Research filed a 13G for 1.19 million shares or 5.58% stake. That's the fourth in about two weeks. From the conference call, I don't remember them saying they lost Pep Boys. Only they will be carrying their Nascar line. The only account lost was Auto Palace, which was bought by Auto Zone. On the other hand, they picked up Track Auto which was bought by Northern Auto which makes up for what they lost. In addition, they also picked up Monroe Muffler, Tire ? (didn't get the name) in Florida, CarX Muffler shops, and NAPA which alone will contribute $5 million/year in charger business, accessories, such as Nascar booster cables. They also renewed the Sears contract in October. They also picked up business with Ames, BJ's (?) and Walmart, which ordered 100,000 booster cables to be delivered in the next 8 weeks. Most of this comes from notes I took on the conference call. The fund buying can be verified at freeedgar.com Judy H.

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