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Stocks D / Discount Auto Parts

URL:  http://boards.fool.com/easy-for-you-to-say-if-you-are-in-at-6-for-those-14784294.aspx

Subject:  Re: Hello? Date:  4/17/2001  3:34 PM
Author:  sleeper2 Number:  31 of 45

Easy for you to say if you are in at 6. For those in at say 25, things don't look quite so good. Stable management? Good old boy at best. If DAP doesn't get fresh thinking on the Board and management, the company will be gone in ten years max. Their approach to the auto parts business is as if we were still in the 50's and 60's with cars that could be repaired in driveways. Those days are quickly slipping away. DAP is missing the huge growth trend in young people adding accessories,etc to make their vehicles unique. The custom wheel/tire business is another growth area missed by DAP. Now with Olson on the Board they have an automatic conflict of interest in pursuing that area.
DAP is destined to join buggy whips and 8-tracks as history if they do not embrace a paradigm shift ASAP.
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