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Non-Tech : APCO Automobile Protection Company

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To: Sergio H who wrote (572)12/18/1997 1:27:00 AM
From: Jack Markowitz  Read Replies (1) of 3351
 
I think a little healthy debate isn't all bad, having spent the last 15 minutes reading today's posts, I did learn a few things.

I think the fellow who sold the 60,000 plus shares had a definite impact. The MM's have pretty strict rules about how much stock they will hold over night.

But, I do think we should remember ..... Profit or loss is created at the time of the sale. The fact that APCO went down today is of no real consequence as far as a loss goes, unless your plans were to sell it late today. Ben, from your earlier posts, I thought you had intentions to hold. There fore today's actions isn't a loss at all.

I don't want you to yell at me, but I was kinda hoping it would move back into the sixes, I moved some DGN to take a year end loss and have some cash. At the present level, I sincerly believe APCO is an excellent buy.

Gotta keep perspective. Remember, no loss unless you sell. But, a little venting of emotions is half the fun!

See ya,
Jack
jack@jackm.com
jackm.com
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