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This stock had a good runup in the last couple of weeks but may still have some room to run. The stock was added to the Russel 2000 last week and so has gotten some attention.

Current PE of 19 with earnings projected up 34% this quarter and 27% this year. PE on estimated 1999 earnings is 14%.

LAD is a consolidator of auto retailers. My reading indicates that such consolidators will benefit from increased use of the internet to purchase autos as they will be better able to deliver cars at competative margins and work out deals with the internet sales outlets.

Stock may have gotten ahead of itself but also see SAH in the same business.
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