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Non-Tech : Sonic Automotive
SAH 62.05-1.4%12:59 PM EST

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To: bubani who wrote (19)3/25/1998 11:02:00 PM
From: Jack Markowitz  Read Replies (1) of 60
 
I sincerely believe the party is just about to start. Today, after announcing the acquisition of two new dealer groups (the article has been posted here) they did a conference call.

I listened and learned. Three speakers, the CFO, the CEO and the Chairman, all very good at making the point and more than well armed with facts. I try to listen to these calls with an ear to not only what they say, but I try to listen close enough to determine if they really believe it themselves. These guys do.

They will do $1.20 or better in 98, with a reasonable PE of 20 to 25 this stock should see $24 to $30 by the end of February of 1999. I suspect they will do better than the $1.20 and the price could go crazy.

Back in December on the APCO thread I said that if you bought APCO in the sixes.... it wouldn't be long before you would look like a genius. We know what happened with that. SAH has a very similar story in terms of earnings momentum and management commitment.

I got a plan.... SAH will see $25 in less than one year. As I have been known to say..... I love it when a plan comes together!

See ya,
Jack
jack@jackm.com
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