Dave Gore's Trades That Make Sense Message Board

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Strategies & Market Trends : Dave Gore's Trades That Make Sense

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To: Dave Gore who wrote (10992)	8/8/2002 7:31:51 PM
From: Bruce A. Brotnov	Read Replies (1) of 16631

Dave, I noticed JP Morgan on the list of firms backing the $1.3 billion and yet they were the first to down grade this week while knowing the additional financing was coming. Isn't that a little odd? "FORT WORTH, Texas--(BUSINESS WIRE)--Aug. 8, 2002--AmeriCredit Corp. (NYSE:ACF - News) announced the pricing of a $1.3 billion offering of automobile receivables-backed securities through lead managers Credit Suisse First Boston and Barclays Capital and co-managers Deutsche Bank, J.P. Morgan Securities Inc. and Morgan Stanley." Bruce

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