ACRT about to move to new highs Message Board

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Microcap & Penny Stocks : ACRT about to move to new highs

ACRT 0.110

-7.6%

Dec 30 4:00 PM EST

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To: John Chew who wrote (6468)	8/23/1998 10:11:00 PM
From: yard_man	Read Replies (2) of 7054

If they pay dollar for dollar for the receivables their business model is doomed no matter what kind of insurance they have. Supposedly they were profitable when they were paying 0.75 on the dollar. Doesn't this worry you? That's one heckuva change. I wondered what the ratio was -- makes sense that it was something around 3:4 to make it work -- 1:1 won't work. You don't have to be a financial genius to understand that.

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