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Non-Tech : AutoZone (AZO)

AZO 3,661

-0.4%

Nov 5 3:59 PM EST

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To: evan balter who wrote (81)	3/10/1997 3:06:00 PM
From: ariel bentolila	of 163

I've been wraped up in work for the last month, but I speculated the same thing that you said, and it looks like you're right. I'm guessing that there isn't much more room for an upside at these levels (~25), until earnings are released. I didn't get in, so, of course, I'm hoping they look bad, and ruffle some feathers. I'm betting older store SSS will move the market more than new store profits, unless they were extra-ordinary. Everyone can calculate what the new stores will contribute to EPS, so if there was a sell-off, they must have done it because of the down trend of older store SSS. However, bad weather could temporarily give a boost. I'm keeping an eye out for earnings. Ariel-

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