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Non-Tech : Union Acceptance Corp. UACA
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To: Labrador who wrote (31)3/22/1999 10:46:00 PM
From: Gary A. Mullennix   of 39
 
I'd agree. The year-end report indicated they had overvalued the securitization and had to restate profits. They've indicated a more conservative approach in the future. Hopefully, with experience, they will be better at essentially forecasting their profit. But four years is a long time and big economic difficulties can arise that make it tough to be exact. Time and size will help I suppose.
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