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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: jimmg who wrote (76333)12/21/2006 1:26:27 PM
From: russwinter  Read Replies (2) | Respond to of 110194
 
Story says it's a market share grab.



To: jimmg who wrote (76333)12/21/2006 1:44:47 PM
From: russwinter  Read Replies (1) | Respond to of 110194
 
Here's the Carmax conference call script.http://retail.seekingalpha.com/article/22776

Yes, in fact they are selling less to Brazil America:

Keith Browning: And in fact, subprime was down 2% for the quarter.

The big pick up is in wholesaling, which is not exactly the same as busting the doors with sales to Brazil Americans. This is also a market share, business mix story, not a real reflection of strong business conditions. Sounds like they are first class marketers.