JACC Jayhawk Acceptance Corp. Message Board

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Non-Tech : JACC Jayhawk Acceptance Corp.

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To: Allan Sacks who wrote (29)	2/24/1997 12:13:00 PM
From: Bandit	of 35

Jayhawk's recent strenght based on: 1. New leadership at the helm (less than two weeks) and changes are already taking place (see my prior posts): JAYHAWK IN FOR A BIG TURNAROUND! Post #22 on 2/11 2. They've cut out the "bad" dealerships who gave them the bad business (only about 1/3) and are focusing on the other profitable 2/3 dealers, as well as using stricter requirements for new dealers. 3. Moody's rating is positive (see my post #19 on 2/10) 4. Medical biz is really taking off! 5. All sources confirm that company book value is around $4 per share. The "big scare" with the Mercury Finance Fiasco sent the whole industry reeling, and unfairly dragged JACC with it. 6. My opinion: Buy as much as you can at these "fire sale" prices, Then tell everyone you know & care about to do the same! The real value of JACC is around $4 share, but it will go much higher now with Mr. Wescott in charge! Anyone familar with Carl Wescott would bet money on him in an instant, look at his track record. He builds tremendouse VALUE into companies, and when investors start to realize this about JACC, they'll be comming back in droves! Trick is... get in now before this stock gets back up to $10. Good luck!

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