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Pastimes : The Big Tex House of Coin -- Ignore unavailable to you. Want to Upgrade?

To: MMM Mule who wrote (4672)	7/18/1999 10:21:00 PM
From: Gush	Respond to of 19297

Thanks for the DD links ASSDUDE! Insider selling is important. But next time look out for any news releases stating 'repurchase of its common stock.' That would certainly be more significant than 2 people selling less than 100 thousand shares. This HOUSE probably owns more shares than those guys combined. I'll include the entire news release for ya. This UPCA is looking better and better. Good luck trying to buy on MONDAY! Thursday April 1, 11:49 am Eastern Time Company Press Release Uniprime Capital Acceptance, Inc. Begins Stock Repurchase LAS VEGAS--(BUSINESS WIRE)--April 1, 1999--Uniprime Capital Acceptance, Inc. OTC BB:UPCA (Uniprime) announced that it has begun the repurchase of its common stock in accordance with the recent approval of the buyback by its board of directors, and would continue the buyback program until it has repurchased one million shares. Uniprime has finalized two dealership acquisitions and is expected to take control of both operations during the month of April. ASince we believe that this will probably have a positive material affect on our stock, we felt that now would be the best time to start our stock repurchase program.@ said Gary Tabb, Uniprime=s President and CEO. The dealership operations, Greenville Auto Mall in Greenville, Mississippi and Royal Mitsubishi in Ft. Pierce, Florida, are expected to collectively generate $45 million in annual gross revenues with an after tax bottom line of between 6% and 7%. ``When these goals are realized it will add significantly to our bottom line and enhance our stock price dramatically, therefore, the buyback makes good monetary sense,' Mr. Tabb said. Uniprime Capital Acceptance, Inc. is embarking upon an aggressive dealership acquisition program and is looking to acquire a minimum of fifty (50) retail automotive dealerships between now and the end of the year 2001, which it believes will place it among the top ten mega-dealership groups in the country in overall unit sales. The Company intends that such statements regarding the Company's future expectations, including future revenues and earnings, and all other forward looking statements are subject to the Asafe harbors@ provision of the Private Securities Litigation Reform Act of 1995. Contact: Uniprime Capital Acceptance, Inc., Las Vegas Paul Maasen, 888/892-2002