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Non-Tech : Credit Acceptance (CACC) -- Ignore unavailable to you. Want to Upgrade?

To: Phil Jacobson who wrote (77)	2/2/1998 6:32:00 PM
From: 5,17,37,5,101,...	Read Replies (1) \| Respond to of 103

Granted, investment in CACC requires more patience than most people have. This morning's action was a bit disturbing, but the close was a little reassuring. Management seems to be trying to wring any and every expectation for good earnings out of the market. The lawsuits add a little fear to the situation. IMHO the audit will reveal bad loans but nothing close to what is expected or factored into the stock price -- a gamble, one I feel comfortable with because insiders have made the same gamble in substantial numbers. My bet is small. Jackson