EXHIBIT 99

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS

The Company's  Form 10-K,  any Form 10-Q,  any Form 8-K, or any other written or
oral statements made by or on behalf of the Company, may include forward-looking
statements  which  reflect the  Company's  current  views with respect to future
events and financial  performance.  Generally,  the words  "believe,"  "expect,"
"anticipate,"  "intends," "forecast," "project" and similar expressions identify
forward-looking  statements.  Forward-looking statements made by or on behalf of
the Company are subject to uncertainties  and other factors that could cause the
Company's  actual  results to differ  materially  from those  anticipated in the
forward-looking statements. The uncertainties and other factors include, but are
not limited to, those  described  under the Risk  Factors  listed below (many of
which  have been  discussed  in prior SEC  filings by the  Company).  Though the
Company has  attempted  to list the factors it believes to be  important  to its
business,  the Company wishes to caution  investors that other factors may prove
to be important in affecting  the Company's  business or results of  operations.
New factors  emerge from time to time and it is not possible for  management  to
predict all of such factors, nor can it assess the impact of each such factor on
the  Company's  business or the extent to which any factor,  or  combination  of
factors,  may cause the Company's actual results to differ materially from those
anticipated in the forward-looking statements.

Investors   are  further   cautioned   not  to  place  undue   reliance  on  any
forward-looking  statements as they speak only of the  Company's  view as of the
date the  statement was made.  The Company  undertakes no obligation to publicly
update or revise  any  forward-looking  statements,  whether  as a result of new
information, future events or otherwise.

RISK FACTORS

General Economic Conditions

The  Company's  sales and rental  businesses  are  affected by general  economic
conditions,  including  employment  rates,  prevailing  interest rates and other
economic conditions  affecting  disposable consumer income generally.  While the
Company's modular  motorhome concept has lessened the Company's  reliance on the
sales  portion of the  business,  weakness  in the  economy  could still have an
adverse effect on the Company's sales and rental businesses.

Geographic Concentration

The Company  operates  Hub rental and sales  offices  from 16  locations  in the
United States and Canada.  The Company also  operates  over 76 Satellite  rental
centers,  which are  independently  owned  businesses  that contract to rent the
Company's  RVs.  Although the geographic  diversity of the Company's  operations
lessens the impact of an economic  downturn in any single region,  the Company's
business  could be  adversely  affected by  economic  conditions  in  particular
regions.  The Company's most significant  geographic  concentrations of business
are in Canada,  California,  the Rocky Mountain corridor,  the Pacific Northwest
(including Alaska) and the Southeastern United States.

Competition

The Company competes in the rental and sales of RVs with several firms,  some of
which operate in multiple locations.  In addition,  in most markets in which the
Company operates there are local competitors that operate from single locations.
Significant  competitive  factors  in the RV rental and sales  industry  include
price, service,  reliability,  quality of product,  convenience,  the ability to
offer one-way rentals and vehicle  availability.  The Company also competes with
other  leisure  and  vacation  activities,  many of which are more  visible  and
familiar than the Company's product.  Among other things,  increased competition
could cause downward pressure on rental rates,  decreased sales prices and lower
margins.
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Seasonality

The Company's business is seasonal. In the first and second fiscal quarters, the
Company  historically  records profits.  In the third and fourth  quarters,  the
Company  historically  records  losses.  This is  caused  principally  because a
significant  majority of the demand for RV rentals  occurring  during the summer
months.  The Company's  purchases of RVs for the rental fleet are also seasonal,
with the  majority  of  purchases  being  made in the  first and  fourth  fiscal
quarters. Due to the seasonality of the Company's business, the Company believes
that quarterly  comparisons of the results of operations  during any fiscal year
are not  necessarily  meaningful  and that  results  for any one fiscal  quarter
should not be relied upon as an indication of future performance.

Dependence Upon Key Personnel

The  Company's  future  success will depend upon the  continued  services of the
Company's  senior  management  as  well  as the  Company's  ability  to  attract
additional members to its management team as and when necessary.  The unexpected
loss of the service of any of the Company's  key  management  personnel,  or its
inability  to  attract  new  management  when  necessary,  could have a material
adverse  effect  upon the  Company.  The Company  has  entered  into  employment
agreements  (which include limited  non-competition  provisions) with certain of
its officers.

Regulation, Supervision, and Licensing

The Company's  operations  are subject to ongoing  regulation,  supervision  and
licensing  under  various  federal,   state,   provincial  and  local  statutes,
ordinances and regulations. The Company believes it is in substantial compliance
with such laws.  There can be no  assurance,  however,  that the Company will be
able to remain in compliance  with such laws,  and any such failure could have a
material  adverse  effect on the  operations  of the Company.  In addition,  the
adoption of additional  statutes and regulations,  changes in the interpretation
of  existing   statutes  and  regulations,   or  the  Company's   entrance  into
jurisdictions with more stringent regulatory  requirements could have a material
adverse effect on the Company's business.

Currency Fluctuations

A  significant  portion  of  the  Company's  rental  business  is  derived  from
international  tourists  visiting North  America.  The majority of the Company's
international  rental  customers  come from  Europe,  with  others  coming  from
Australia,  Africa and Asia.  The exchange  rates between the  currencies of the
country of origin and the country of  destination  (the United States or Canada)
has an  impact on the cost of the  customer's  vacation.  Fluctuations  in these
exchange  rates  could  materially  effect the amount of  business  the  Company
derives from international customers.

Fuel Pricing and Availability

The Company's business, the rental and sales of RVs, is automotive in nature and
as  such  is  dependent  upon  the  availability  of  fuel.  A  decrease  in the
availability  of  gasoline  and the  inability  of the  Company to  convert  its
vehicles  to  alternative  fuels  could  have a material  adverse  effect on the
Company's  business.  Historically,  increases in the price of gasoline have not
had a  material  impact  on the  Company's  business,  as long as  there  was no
concurrent  decline in availability.  However,  future increases in the price of
gasoline could have a material effect on the Company's business.

Insurance Risk

The Company  maintains a $15 million umbrella  insurance policy insuring against
third party  claims as a result of its rental and  dealership  operations.  Each
claim is subject to a $250,000  self insured  retention for which the Company is
liable.  The frequency and severity of claims,  as well as the  availability and
cost  of  such  insurance  could  adversely  affect  the  Company's  results  of
operations.  Management  closely  monitors  these  claims and  historically  has
experienced  reasonable claims expense.  There can be no assurance that this low
claims  experience  will  continue,  nor is there any  assurance  that  umbrella
coverage will continue to be available at economic costs, if at all.
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Environmental Risks

The nature of any automotive  business involves the handling of hazardous wastes
such as motor oil, fuel, paint and other chemicals.  The Company seeks to adhere
to all existing laws and  regulations for use,  containment,  record keeping and
disposal.  Noncompliance  with or changes  to  environmental  regulations  could
adversely affect the Company's business.

Dependence on External Financing

The Company has borrowed,  and will continue to borrow,  substantial  amounts to
fund its  operations  from  banks  and  other  lenders.  The  Company's  current
financings  are under  various  notes and lines of credit  with  various  terms,
renewal  dates and  numerous  covenants  that  limit the  Company's  ability  to
undertake certain  transactions,  require it to meet specified financial ratios,
and require it to comply with all laws relating to the Company's business. There
can be no  assurance  that the  Company  will be able to continue to satisfy the
terms and conditions of the various credit  facilities and notes, or that credit
lines will be extended  beyond  their  current  expiration  dates.  Although the
Company  believes  that  it is  currently  in  compliance  with  the  terms  and
conditions  of its  borrowing  agreements,  a default  thereunder  could  have a
material  adverse  effect on the  Company's  financial  condition and results of
operations.

Suppliers

The  Company is  dependent  upon  various  manufacturers  for new  vehicles  and
chassis. Labor disruptions, strikes or other events affecting the manufacturers'
ability to deliver their products could adversely affect the Company's business.

Implementation of New Business Strategies

In recent periods,  the Company has implemented certain new business strategies,
including  the  conversion  to  the  use  of  modular  motorhomes.  The  Company
anticipates that the use of modular motorhomes will enable it to extend the life
of the coach  component of its  motorhomes,  enable it to reduce the purchase of
new complete RVs and reduce holding costs accordingly. The Company believes that
the cost  savings  associated  with  this  program  will more  than  offset  the
resulting  reduction  in sales and gross  profit from the resale of  motorhomes,
although there can be no assurance in this regard. In addition, in an attempt to
offset the seasonality of its core RV sales and rental business, the Company has
begun the rental of shuttle buses,  motorcycles and other specialty vehicles and
may pursue other business  opportunities  along these lines. The rental of these
vehicles  requires  distinct  marketing and sales programs,  and there can be no
assurance that these strategies will be successful in offsetting the seasonality
typically experienced by the Company.

Factors Inhibiting Takeover

The existence of the Company's  outstanding  preferred  stock  purchase  rights,
which become  exercisable  after, among other events, a person or group acquires
20 percent or more, or makes a tender or exchange  offer for 30 percent or more,
of the Company's  Common Stock,  as well as certain  provisions of the Company's
Articles of Incorporation, Bylaws and Florida law, may delay, defer or prevent a
takeover  attempt that a shareholder  might consider in its best  interest.  The
Preferred  Stock  purchase  rights,  when  exercisable,  entitle  the holders to
purchase  Preferred  Stock  of the  Company  or,  under  certain  circumstances,
securities  of the Company or the  acquiring  entity,  having a market  value of
twice  the  exercise  price.  The  Company's  Articles  authorize  the  Board to
determine  the rights,  preferences,  privileges  and  restrictions  of unissued
series  of  Preferred  Stock,  without  any  vote  or  action  by the  Company's
shareholders.  Thus,  the Board could  authorize  and issue  shares of Preferred
Stock with voting or conversion rights that could adversely affect the voting or
other rights of holders of the Company's  Common Stock or may have the effect of
delaying,  deferring  or  preventing  a change of  control of the  Company.  The
Company's Bylaws establish  certain advance notice  procedures for nomination of
candidates  for  election  as  directors  and for  shareholder  proposals  to be
considered at annual shareholders'  meetings. The Company is also subject to (i)
the Florida Control Share Act, which generally  provides that shares acquired in
excess of certain specified thresholds will not possess any voting
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rights  unless  such  voting  rights  are  approved  by a  majority  vote of the
corporation's disinterested  shareholders,  and (ii) the Florida Fair Price Act,
which generally requires  supermajority  approval by disinterested  directors or
shareholders of certain specified transactions between a corporation and holders
of more than 10 percent of the  outstanding  shares of the corporation (or their
affiliates).

Possible Volatility of Stock Prices

The market price of the Company's  common stock could be subject to  significant
fluctuations  in response to such factors as, among  others,  variations  in the
anticipated or actual results of operations of the Company or other companies in
the RV sales and rental industry, changes in conditions affecting the economy or
the stock market generally or in the market for stocks in the Company's industry
group, analyst reports or general trends in the industry or related industries.
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