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Non-Tech : APCO Automobile Protection Company
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To: Robert DeHaven who wrote (963)1/29/1998 9:02:00 AM
From: Amigo Mike   of 3351
 
Bob,

Very true, very true. Sonic will help APCO do very well in 1998.

As far as yesterday's activity ..... I believe that it validates my assertion during the past week that the MMs don't have much inventory on this stock. Like most have stated ..... MMs took it down to gather in all those stops between 6 and 7 to pick up some inventory before the end of the week. Now that most stops are cleared ... it will be interesting to see how the stock reacts.

I was not happy that the bid and ask had a 3/16 spread for quite a while yesterday also. That was suspicious also. This may have been another tactic to keep the little guy out while the big buys were playing. It is very unusual for APCO to have that large a spread.

Mike
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