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To: reaper who wrote (214915)1/16/2003 9:32:38 AM
From: yard_man  Respond to of 436258
 
>>"We're seeing continued weakness in recovery values on repossessed vehicles and in the overall economy, causing increases in both loss severity and frequency." <<

faster and harder, eh? golly. what a surprise ...



To: reaper who wrote (214915)1/16/2003 9:46:39 AM
From: ild  Read Replies (1) | Respond to of 436258
 
R, what's your take on Sears numbers? Are you still waiting for $30.



To: reaper who wrote (214915)1/16/2003 9:49:03 AM
From: yard_man  Read Replies (2) | Respond to of 436258
 
let 'em buy this one ... the ninnies

>>Sears said its credit card unit set aside $160 million more in the fourth quarter than it did in the same period last year to cover for people unable to pay their bills in a soft economy. It had to write off a higher number of credit card accounts because more customers filed for bankruptcy.

<<



To: reaper who wrote (214915)1/16/2003 10:51:10 AM
From: patron_anejo_por_favor  Respond to of 436258
 
Nice call on that one (again)....so very good of the short squeezers to give us yet another chance on that POS, no?<G>

DISCLOSURE: No position on ACF, covered this morning at 5.