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Americans Will Prove to Be Formidable Do-It-Yourself Mechanics

Didn't the new found demand come from the "agreement"? The fact that the agreement forces the management to buy back its own stock at a time mit does not have the money to do so and at a time that the CEO's own account is dumping azo shares is not a sign that the price is supported by public view that the business is going strong and thus massive retail investors buy orders coming in. Using the balance sheet to buy bak is nothing more than forcing the bond holders to buy some of your shares.
I have a better idea, why don't all the hedges buy some of the large ticket items and let them sit on the hedge funds balance sheet for 9 months. By the time the call options make money, you can return the copies of ALL-DATA CD's (unopened) back to AZO. You are happy, they are happy. Employees get focked just like the sears employees are getting now.

Americans Will Prove to Be Formidable Do-It-Yourself Mechanics

The money saved from not buying a new car should be morenthan enough to repair the current car in a shop. So this argument about notbuying a new one brings business to azo is false. The real potential comes from those that normally brings to shop and now are doing it themselves. The main problem in this total picture is the aggregate reduction of miles driven by >7 yr cars.
Following the logic of the auther, one would expect cooper tire to go up as more people would opt for the lower end tire rather than the name brands. Although this is happening, the total ware and tear on the tires are way down. Thus, a sightly larger share of a swiftly shinking pie is not too helpful. Check CTB for yourself. You may see a short term boost of people putting on break pads to their existing cars. But, by not driving them as much as before, these new oes will last a long LONG time. Think about it: at a time 1 tank gas will cost you the change of a pair of breaks, what do you do? You do the breaks yourself and keep driving, or you cut down on driving? When you do it, I do it, she does it, what happens to the tire ware? By inference, what happens to other parts on car?