ACF News ----- certifying a month early.
This should bring a little confidence to a stock with a PE of 2.7 who earned $1.06 last quarter, a 35% YOY increase. Funny how people forget about a stock that is an ODOD/ODOW.
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AmeriCredit Executives to Certify Financial Statements
FORT WORTH, Texas--(BUSINESS WIRE)--Aug. 13, 2002--AmeriCredit Corp. (NYSE:ACF - News) today reiterated its prior announcement that Clifton H. Morris, Executive Chairman of the Board; Michael R. Barrington, Chief Executive Officer; and Daniel E. Berce, Chief Financial Officer, will sign and file certifications with the Securities and Exchange Commission (SEC) in connection with the Form 10-K filing the Company will make next month. ADVERTISEMENT
The new Sarbanes-Oxley Act requires each Form 10-K and Form 10-Q filed after enactment of the Act to be accompanied by a certification by the chief executive officer and the chief financial officer that the report fully complies with certain provisions of the Securities and Exchange Act and that the information in the report fairly presents, in all material respects, the company's financial condition and results of operations. AmeriCredit, which concluded its fiscal year June 30, will file its Form 10-K with the SEC in mid-September, and Morris, Barrington and Berce will provide certifications in connection with the filing.
"AmeriCredit just completed its fiscal year at the end of June, so we aren't required to file our certifications with the SEC until next month. But as the leaders of many other American companies file their certifications this week, we want to reaffirm our commitment to comply with the new law," Barrington said. "We want our shareholders, customers and team members to know we fully believe in AmeriCredit and the accuracy and completeness of its financial statements." |
