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To: GARY P GROBBEL who wrote (16065)	12/22/2003 2:21:39 PM
From: GARY P GROBBEL	Respond to of 120415

CREB...1.20/1.30...this company has $.25 per sh net inc for the 9mo ended Sept. This acq should add some rev to their growing push into air conditioning parts/supplies/systems. Should help to break out the top line. 4th qtr and year should look good here given this present price. Only 3.66m shares out, no pref: B: Champion Parts Purchases Second Automotive Air Conditioning Product Company Aquires Beacon Sales & Distribution that Markets Automotive Air Conditioning Accu ulators and Driers HOPE, Ark., Dec 22, 2003 /PRNewswire-FirstCall via Comtex/ -- Champion Parts, Inc. (OTC Bulletin Board: CREB), remanufacturer of automotive parts, announced today that it has acquired the assets of Beacon Sales & Distribution that recorded revenue of nearly $1.3 million in air conditioning products for 2003. Terms were not disclosed. Beacon distributes air conditioning accumulators and driers for the passenger car, and light truck aftermarket. Established in 2000, Beacon currently operates from its Richland Hills, Tex. facility. The management team, headed by Robert D. Parish, will join Champion Parts. The acquired company will shortly be relocated to Champion Parts' facilities. "By way of this acquisition," said Jerry A. Bragiel, president and chief executive officer of Champion Parts, "we can now offer our customers an expanded line of automotive air conditioning products. This acquisition will now provide Champion with an even stronger recognition in the automotive air conditioning product marketplace." In mid-2001, Champion entered, for the first time, the growing automotive air conditioning market when it acquired B & T Rebuilders, Inc., a Port Richey, Fla.-based remanufacturer and distributor of automotive remanufactured air conditioning compressors. "When Champion entered the automotive air conditioning segment, it proved to be an excellent move and has provided Champion with continued growth in both sales and profit gains for that product category," Bragiel concluded. Last month, Champion noted that it anticipated expansion of its air conditioning product line and, additionally, it is pursuing other new products and markets for existing products that include internal new product development, as well as acquisition opportunities. Champion Parts remanufactures fuel system components, air conditioning compressors, front wheel drive assemblies, and other underhood electrical and mechanical products for the passenger car and light truck, agricultural, heavy-duty truck and marine parts aftermarket.

To: GARY P GROBBEL who wrote (16065)	12/22/2003 2:22:47 PM
From: the hube	Read Replies (1) \| Respond to of 120415

Gary thanks. I usually pay the ask too. If I'm not willing to pay the ask, usually I'm not willing to own the darn thing. Similarly, when I want to get out, I usually hit the bid. Holding on for the spread has cost me too much in the past, both in lost opportunities and in unwanted inventory. The exception is when I'm trying to build a position in a thinly traded stock. In that situation, I'm often on the bid, and will also hit the ask occasionally.