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noteworthyket opportunities as well.As a consequence, rentto-ownwas prominentlyfeatured by analyst GregEstes of Intrepid CapitalFunds where he statedthat “Rent-A-Center andAaron Rents are currentlytrading at seven-to-eighttimesfree cash flow.”KentuckyRTO dealersreestablish stateassociationOn January 16, 25rent-to-own dealerswith stores in KentuckyNewly elected KYRDA board members Mike Martin (vice president),Bill Esenbock, Bill Howard, Bob Knabel, Chris Bolin (president),Todd Wilkins and Bill Milby (secretary/treasurer).CNBC featuresRent-A-Centerand Aaron’s asstocks to pickCNBC published “FiveFresh Investment Ideasto Make You Money in2008” (www.cnbc.com/id/22452809) on December31, where rent-toownpublic companiesRent-A-Center andAaron’s were two of thetop five featured recommendations.The article’spremise is that while thesubprime mortgage crisisis hurting the markets, itis also creating new marmetfor an outstandingreorganization meeting,according to KentuckyRental Dealers AssociationPresident ChrisBolin of Bolin RentalPurchase.“The attendance andparticipation was waybeyond my expectations,”says Bolin. “I was hopingthat we would be ableto elect five officers andboard members, but dueto everyone’s enthusiasm,we were able to nominateand elect seven boardmembers.”The new officers ofKYRDA are PresidentErnie lewallen10 PROGRESSIVE RENTALS