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Non-Tech : AutoZone (AZO)
AZO 3,694+0.4%1:20 PM EST

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To: Todd King who wrote (64)2/7/1997 1:00:00 PM
From: ariel bentolila   of 163
 
Thanks Todd, I read that, and others that talk about size and service,
it would be interesting to learn about pricing, and quality.

BTW, looking at intraday price/volume activity, two massive buys,
one at around 10pm @ 100,000 shares, and another around noon
@ ~150,000 shares. These are much larger than any I have seen
over the past week or two. Maybe, they know something we don't.
I'm getting the itch to make a move. The technicals have been
positive since the collapse from 27-24. 22 seems to be a stable
point as of late, with a range between 21.25-23.5 . Everything
depends on earnings, news, and outlook, but there seems to be
a solid camp of support. My main concern is that their P/E discounts
a high amound of growth, so any disappointments can be harsh.

Ariel-
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