No, I did not see the earnings since I am on vacation at Disney World. As for acquisitions I would need to compare year to year. Now is a great time to be in the market if you can get the right deal. There are deals out there that I would do now as well even with falling collections since the margins can be strong. For a company like PRAA they probably see deals with nice margins that never make it to market.
Stacey, did you see PRAA's earnings yesterday? The company did portfolio acquisitions $71.1 million. Does that seem like a lot to you? Also, they grew their purchased bankruptcy portfolio by almost 27% -- seems like a big jump. What do you think?
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