BancBoston Robertson Stephens senior automobile services analyst Jordan Hymowitz today gave his outlook for auto dealership businesses and said he sees increasing profitability ahead that bodes well for dealership stocks. New vehicles are no longer a loss leader at dealerships. New vehicle sales tracked at the second-best level in history in first quarter 1999. BancBoston Robertson Stephens is a leading international investment banking firm focused on growth companies. The firm's 55 equity and high yield research analysts cover more than 600 companies.
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