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Technology Stocks : Autobytel (ABTL) - Buy Autos online
ABTL 7.020+0.3%Oct 6 5:00 PM EST
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To: Wes Stevens who wrote (332)5/27/1999 2:28:00 PM
From: mact  Read Replies (2) of 594
 
Wes,

are u sure about this?....Mohans earlier post with the article clearly states that they are selling 1 million dollars per hour(9Billion per yr), which is certainly alot higher than all dealers....the strength of ABTL is that instead of drawing from the neighborhood, they draw from all over the US, a huge advantage....the only disadvantage i can see is that the profit margins on new car sales is limited....but i bet they soon start acting as middleman for parts sales and service repairs(where all the huge margins are).....IMO, ABTL will do very well in the long run.

mact
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