Consumer Automotive Finance Inc (CAFI)

[jaime9_2000]

Investo7, NAUG is a good investment. Yes, there are risks, but that is true of anything that you buy. But, here's what we know:

1. NWAU has expanded into the biggest independent used car dealership in Arizona. NWAU plans to expand into other states in the Southwest, which has a growing Hispanic base.

2. Management estimates NAUG's earnings of 2006 to be $1 per share. If their estimate is correct, we have a forward P/E of 3.

3. We have little or no debt.

4. An audit will be released next week which is expected to substantiate the last 2 years' earnings.

5. The Navicom market looks to be on the verge of exploding.

Yes, it is true that the audit could disprove much of the above. But, unless you think management is just a bunch of crooks, NAUG/NWAU is a screaming buy.