Credit Acceptance (CACC) Message Board

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Non-Tech : Credit Acceptance (CACC)

CACC 457.97

+2.4%

Nov 3 3:59 PM EST

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To: 5,17,37,5,101,... who wrote (85)	2/24/1998 3:55:00 PM
From: taxikid	Read Replies (1) of 103

I couldnot buy @3 when it was supposedly 2.5.. i owned @5 then, scooped up all i could the next day.. check the numbers.. the supposed aftermarket trade or @ the bell cost someone their job @ minimum.. uh.. yes this company is still earning money.. and if the 62 million put aside in reserves is invested wisely9 say 20% this year in interest.. that will add $15 million to the bottom line... uh can u say earnings surprise in 3 qtrs? taxi~ uh and guess what..if the $60 million is not needed... where does it go? besides working for the company.. oh and decreasing their growth.. means taking less risky clients... minimize risk by dropping the dead weight, and holding dealers responsible for the loans... makes no sense, right..guess what.. i am not long.. but i will be if it falls. keep pushing.. taxi

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