Advance Auto Parts hosted its quarterly earnings conference call Thursday.  I don’t think you should concern yourself with 90% of the conference call.  I think the only thing that matters right now is the selection of a GREAT new CEO. 

First of all, I want to say that I had a considerable amount of respect for Mike Coppola.  But sometimes a company and even an industry just need new leadership. 

When Advance reported fourth quarter 2006 results, I said:

“Yet, I think Mike Coppolla's (Advance Auto Parts CEO) statement on the company's conference call yesterday morning (opening quote) was a good sign that the industry is beginning to notice something is wrong.&# ...

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