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Strategies & Market Trends : APMP (formerly APM)

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To: appro who wrote (2572)	8/26/1997 2:26:00 PM
From: Frederick Langford	of 13456

Greg, Glad to have a rational voice here. The earnings were really good last quarter, the pe is low, and being added to the S&P 600 is a definite plus for exposure and fund managers, reminding everyone that it doesn't actually happen till the 29th is surely necessary. APM's Chart looks pretty tempting, holding Oct 35 calls and bought Sept 40's last Fri for a short term play, loving it. Fred

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