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Strategies & Market Trends : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?

To: Galirayo who wrote (163312)	3/1/2008 1:22:36 PM
From: robert b furman	Read Replies (1) \| Respond to of 209892

Hi Ray, Wow absorbing all that data is like drinking out of a fire hydrant. Yup,I've been invested in 4 dealerships - the first one,which I built up and grew over the last 20 years just this month on the 28. From that we've purchased 5 other dealershipd - one which we closed down and consolidated the territory intop my store. Just yesterday I promoted my best manager to the title I've had for 20 years - General Manager. I now have a full time replacement to take away my day to day tasks. I'll focus on more buying used cars and watchingmy stock portfolio. I want to lock in some credit swaps on some of the real estate debt and perhaps a tranch or two of our floorplan bill. Lastly my mother is going to be 90 this December.I've not returned home to Wisconsin to live since I left to work for Chevrloet at age 19. I chased my dreams,have some very dynamic stores that are well situated for future growth and want to slow it down and enjoy life a little more. I've been getting up in the morning and running my stocks for a long time and then working 10-12 hour days. I'm a little burned out on it and will enjoy a more paced lifestyle. Thanks for the data source. A lot of my friends are having a very tough go at running their dealerships. It seems those that had a huge real estate run up are hurting the most now. In Texas we never really had that big boom and it is hard to find a foreclosure sign here. Hard to imagine such a different world elsewhere. Bob