AUTO - good valued co.in recession free industry Message Board

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Microcap & Penny Stocks : AUTO - good valued co.in recession free industry

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To: WVMayor who wrote (143)	5/1/1998 6:01:00 PM
From: Jim B	of 205

Just saw the news.. haven't been around AUTO long enough to know if this was better than anticipated or worse or what... considering all the AUTO is going through I would have expected worse.. but I'll take it... not too mention that ending statement that reads: "In addition, in April 1998, we retired $2 million of subordinated debt for certain off balance sheet assets resulting in a gain and an increase in net worth of approximately $2.5 million. We are continuing to strive to return the company to a solid financial base upon which to build shareholder value.'' I especially liked that part... any comments anyone? jim

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