SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Autobytel (ABTL) - Buy Autos online -- Ignore unavailable to you. Want to Upgrade?


To: rrufff who wrote (553)2/3/2000 12:49:00 PM
From: Crystal ball  Read Replies (1) | Respond to of 594
 
I've heard ABTL sells 28,000 to 36,000 auto a month in the USA. Japan and Europe together would be twice this again, and ABTL was the first, is the biggest by far, almost half the entire market (42-48% depending when and how you measure it) The others divide up the market. And its a grwoin market. Autos and Auto Ads together are over $3Trillion. I'll take a nice slice of that anytime. Then of course there is insurance, financing, and add on options/ after market parts, used cars, repair parts etc. If they are NOW in every State/Province-County-Prefecture in USA/Canada/Europe-UK-Japan and then GROW the market share that is take it away from old brick and mortars, that and the population-wealth effect of these good times, should make for an interesting earnings and revenue reports (P/E and Cash flows). The stock is cheap right now, and with what appears to be strong fundamentals, thats the classic buy low and sell high scenario.
I am,
Truly your$,
-Crystal Ball