Chatfield Dean & Co. Inc. Reiterates its STRONG BUY Recommendation for Republic Industries Inc.GREENWOOD Greenwood. 1 City (1990 pop. 26,265), Johnson co., central Ind.; settled 1822, inc. as a city 1960. A residential suburb of Indianapolis, Greenwood is in a retail shopping area. Manufactures include motor vehicle parts and metal products. VILLAGE, Colo.--(BUSINESS WIRE)--Aug. 18, 1998-- Chatfield Dean & Co. Inc. today reiterated its STRONG BUY recommendation for Republic Industries Inc. (NYSE NYSE See: New York Stock Exchange :RII RII Routing Information Indicator RII Remote Ignition Interrupter (monster truck emergency power switch) RII Required Inspection Item (FAA) RII Relevant Information and Intelligence ). "Market valuation of waste subsidiary shows automotive operations are highly undervalued Undervalued A stock or other security that is trading below its true value. Notes: The difficulty is knowing what the "true" value actually is. Analysts will usually recommend an undervalued stock with a strong buy rating. ." Research report to follow. o Rating: STRONG BUY o Risk Rating: Growth o 1998 Earnings Estimates: $ 1.09 o 1999 Earnings Estimates: $ 1.54 o 12-18 Month Price Target: $46.00 Analyst: Cheryl J. Bostater
CONTACT: Chatfield Dean & Co. Inc., Greenwood Village
Cheryl J. Bostater, 303/740-0006
http://www.chatfield.com
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