Re: [CANSLIM] M for Market

From: "H. Thomas Bell" <bellht@juno.com>
Subject: Re: [CANSLIM] M for Market
Date: Tue, 9 Apr 2002 19:21:26 -0500

Next Article (by Subject): Re: [CANSLIM] M for Market Ian
Previous Article (by Subject): RE: [CANSLIM] M for Market "Mona Guarino"
Top of Thread: RE: [CANSLIM] M for Market "Mona Guarino"
Next in Thread: Re: [CANSLIM] M for Market Ian
Articles sorted by: [Date] [Author] [Subject]

This message is in MIME format.  Since your mail reader does not understand
this format, some or all of this message may not be legible.

- ----__JNP_000_4c0f.7735.10b7
Content-Type: text/plain; charset=us-ascii
Content-Transfer-Encoding: 7bit

I echo Charley's comment, you do have to watch it with tight stops.  The
PE is low (although recently rising) and should attract more investors. 
Their stated niche is "knowing" who to lend money to, relating to autos. 
It seems headed back to the 60's.

New viewer, and enjoying the learned comments.
Tom

On Tue, 9 Apr 2002 15:42:29 EDT Chazmoore@aol.com writes:
Dave: Take a look at Americredit (ACF) as a niche player. They buy
sub-par auto loans from dealers, package them, and resell the accounts
receivables in $Billion batches. While their stock price nosed dive
during the recession, their earnings held up very nicely, indicating to
me they know how to manage the credit risk. Charley 
- ----__JNP_000_4c0f.7735.10b7
Content-Type: text/html; charset=us-ascii
Content-Transfer-Encoding: quoted-printable

<!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN">
<HTML><HEAD>
<META http-equiv=3Dcontent-type content=3Dtext/html;charset=3DUS-ASCII>
<META content=3D"MSHTML 6.00.2712.300" name=3DGENERATOR></HEAD>
<BODY>
<DIV>I echo Charley's comment, you do have to watch it with tight stops.&=
nbsp;=20
The PE is low (although recently rising) and should attract more=20
investors.&nbsp; Their stated niche is "knowing" who to lend money to, =
relating=20
to autos.&nbsp; It seems headed back to the 60's.</DIV>
<DIV>&nbsp;</DIV>
<DIV>New viewer, and enjoying the learned comments.</DIV>
<DIV>Tom</DIV>
<DIV>&nbsp;</DIV>
<DIV>On Tue, 9 Apr 2002 15:42:29 EDT <A=20
href=3D"mailto:Chazmoore@aol.com">Chazmoore@aol.com</A> writes:</DIV>
<BLOCKQUOTE dir=3Dltr=20
style=3D"PADDING-LEFT: 10px; MARGIN-LEFT: 10px; BORDER-LEFT: #000000 2px =
solid">
  <DIV><FONT face=3Darial,helvetica><FONT size=3D2>Dave: Take a look at =
Americredit=20
  (ACF) as a niche player. They buy sub-par auto loans from dealers, =
package=20
  them, and resell the accounts receivables in $Billion batches. While =
their=20
  stock price nosed dive during the recession, their earnings held up very=
=20
  nicely, indicating to me they know how to manage the credit risk.=20
  Charley</FONT> </FONT></DIV>
  <DIV>&nbsp;</DIV></BLOCKQUOTE></BODY></HTML>

- ----__JNP_000_4c0f.7735.10b7--


- -
- -To subscribe/unsubscribe, email "majordomo@xmission.com"
- -In the email body, write "subscribe canslim" or
- -"unsubscribe canslim".  Do not use quotes in your email.

Go to Jeff Salisbury LWGate Home Page.