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Non-Tech : Credit Acceptance (CACC)
CACC 449.78+4.7%3:34 PM EST

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To: RoadWarrior who wrote (16)10/28/1997 8:06:00 PM
From: William Duncan  Read Replies (1) of 103
 
RW, I am still not up to date on cacc. I sold it awhile back with a small profit. It is a core stock of Adrian Berg, who has a show on WABC radio and a newsletter that I subscribe to. It is certainly down low, but a bottom ? I think you should look at the recent quarterly report, which (I think) showed a .98 loss. Certainly reason for concern. I plan to look at the stock again, but I am not a super-experienced investor to be throwing out a lot of advice. I must admit I am interested again, but the negative earnings suggests a much closer look at the financials. Good luck, and be cautious. Bill
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