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Non-Tech : Credit Acceptance (CACC)
CACC 450.18+4.8%3:42 PM EST

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To: Kiriakos Georgiou who wrote (2)4/4/1997 10:14:00 PM
From: Lucretius   of 103
 
I think it is going to $10 basically becasue the chart looks terrible, other auto finance co.'s are missing earnings (Mercury), interest rates are rising & will cut their profits, and the down mkt as of late.
We've got support @ 15 and then again @ 12. If we break 15, I would wait till 12 before buying, and it will probably go even lower than that. Actually, I wouldn't be buying this stock period, but that's just my opinion.

-Lucretius
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