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Non-Tech : ATAC- Automobile Parts That Appears to Be Rolling!
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To: Laura E. who wrote (4)10/12/1998 3:33:00 PM
From: Arthur Radley   of 63
 
Unless the automobile industry completely collapses, I don't think we will ever find the opportunity offered today with the likes of ATAC. With the Chrysler results reported today, and the fact that ATAC produces products for Chrysler, the revenues next year should put them(ATAC) back on track. All just MO, as I didn't see it in the cards for their lowering of earnings today.
However, still hard to find companies with earnings like ATAC even after the reduction today. This puts them with a PE of less than 7.
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