Message Font: Serif | Sans-Serif
 
No. of Recommendations: 0
Just an FYI;
I checked with investor relations, and as of today 6-14-2001, only 6 of the Houston area stores still had flooding related problems. AACE expects no negative impact from the flooding, and may experience a boost in check cashing in the Houston area stores (Emergency payment checks, clean-up workers, etc). Also, Goleta loan product is on track, and all 84 underperforming stores are closed (these two items were rresponsible for the third quater loss).

Danbobtx
Print the post Back To Top
No. of Recommendations: 0
Danbobtx - are you an employee, or a "local" (Dallas area)invester? You are one of the few that understands the "housecleaning" of underperforming stores.
Print the post Back To Top
No. of Recommendations: 0
I'm formerly from Texas (Nacogdoches area) and I've had good luck with investor relations (Darla Smotherman) as far as providing info. I'm not sure when their next conference call is, but I was provided listening access to the last one. I like the company a lot, but the Houston flood situation kinda scared me, so I checked up on them last week. I've never worked for or used the services of AACE cash express or competitors. IMHO AACE should do well in an economic downturn, and I plan on holding the stock atleast through the next earnings announcement.

Danbobtx
Print the post Back To Top
Advertisement