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Strategies & Market Trends : Heinz Blasnik- Views You Can Use -- Ignore unavailable to you. Want to Upgrade?

To: Lazarus_Long who wrote (204)	4/17/2003 3:31:15 PM
From: LLCF	Read Replies (1) \| Respond to of 4905

I'm trying to remember where I saw it... just today.... I'll try and find it. DAK

To: Lazarus_Long who wrote (204)	4/18/2003 1:33:13 AM
From: mishedlo	Respond to of 4905

biz.yahoo.com Much of their "great results" came from this FORD CREDIT Ford Motor Credit Company reported net income of $442 million in the first quarter of 2003, up $186 million from earnings of $256 million in the same period a year ago. The increase primarily reflected a lower provision for credit losses and the net favorable impact of receivables sales, offset partially by the unfavorable impact of a lower level of managed receivables. Let's see... 0% financing and we have a LOWER provision for credit losses?? Yep - perfect sense to me. M