APCO Automobile Protection Company Message Board

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Non-Tech : APCO Automobile Protection Company

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To: James Strauss who wrote (697)	1/8/1998 11:50:00 PM
From: Amigo Mike	Read Replies (1) of 3351

While I am surprised by the recent weakness in the stock ..... I am comfortable with how APCO has held it's ground in this market. Once the company does come out with results and new deals ..... the stock will rise nicely. We still have MA support. Other indicators are weak. Looking at the intraday charts ..... APCO recovered nicely around midday and moves higher into the close. I wish I had been around when it was down early as I would have jumped on a few cheap shares. Incidentally the forward PE on APCO for FY98 is down to 15.5. Rediculously low for a company growing by at least 30% and no asian exposure. Hang in there ! Mike

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