Credit Acceptance (CACC) Message Board

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Non-Tech : Credit Acceptance (CACC)

CACC 429.72

-6.2%

3:59 PM EST

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To: taxikid who wrote (83)	2/18/1998 11:13:00 PM
From: Harry Anderson	Read Replies (2) of 103

taxi, it's worse then what I initially said. My numbers are right on the money, in addition to what I said on my previous message. Dealer loses are calculated on a dealer by dealer basis. One more thing CACC might tell you non-accruals are worth something, but don't kid yourself....CACC wrote off 300 million in the 4th quarter alone. By the way if reading an earning statement means we are inside trading... then we are all in a lot of trouble! Unfortunately insolvency is where this company is going! Going "short" is the best bet. HA

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