Check this press release from Amazon.com about
selling electronic appliances and other products on the
The bottom line is that FirstCash can underprice any
of the other internet sellers because the
merchandise is previously owned, but in good condition.
Amazon.com will offer coffee makers, vcr's, cameras, etc.
All the same product mix of FirstCash.
on Television in several markets. First Cash has
added a ticker line at the bottom of their television
advertisements in California, Oregon, Washington, and Illinois
that says "SHOP ON-LINE AT FIRSTCASH.COM." First Cash
was already running the television ads, but only
added the ticker line last month.
runs their advertisements on both the major networks
(i.e. FOX) and cable depending on the market and the
number of stores.
cumulative annual eps through 3/31/99 is $0.67.
If the analyst estimates are right, the June 1999
quarter should add another nickel, which makes $0.72. A
company with FCFS growth rate deserves at least a 20 PE
(CA has a 25 PE on lower EPS). FCFS stock price
easily deserves $14.50 (20 x $0.72) to $18.00 (25 x
$0.72). It could go higher with the forward earnings I
expect due to the pra's, website, mexico, etc. Any
First Cash is a varitable time bomb waiting to go
off!!! Should they actually post banners to compete with
Ebay, launch internet payday loans, expand current
payday loan & check cashing markets, & maintain their
current pawn revenues then this baby will go through the
roof! It's been listed as a strong buy & Monday morning
some guy was lapping up nice blocks of shares, and
he'll be back! Hate to tell all of the non-believers
out there....this ain't no $4 stock anymore! :)
has increased 7 straight trading days. up again
today will make 8 days. what a good run we're in. If
anyone knows the earnings release date for the second
quarter, could you please post it. thanks.