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Non-Tech : JACC Jayhawk Acceptance Corp.
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To: Bandit who wrote (22)2/12/1997 8:12:00 PM
From: Jim Odom   of 35
 
Adam, One of the reasons I invested in JACC to begin with is because I am a car dealer in the "Buy here, Pay here" business. I had some contacts with the company as they were wanting to buy some of my receivables. When I looked at what they had to offer, I decided that it was a better deal for them than me.

I still think that with good management, they will do very well indeed. Therefore, I tend to agree that at these much lower prices we can hold on and be rewarded. Problem for me is that I bought too many shares before all this bad news. Kind of frustrating not having a lot of cash now to take advantage of what I consider to be a great buying opportunity.

Regards, Jim
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