APCO Automobile Protection Company Message Board

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Non-Tech : APCO Automobile Protection Company

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To: Manny Gugliuzza who wrote (729)	1/14/1998 8:58:00 PM
From: Cary C	Read Replies (3) of 3351

>>>poor performance over a longer period should be avoided. but nonperformance over a short period is consolidation and time for accumulating.<<< Very well said Manny. The volume that has brought this stock down is miniscule compared to took it up. The only thing that will bring this stock down below six would be bad earnings and after speaking to Todd at APCO and with the addition of SAH in December, I personally don't see that happening. Taking into consideration high tech pressures and Asia, this is a pretty safe place to be. The company has shown the ability to grow at a 30% pace. Even with a very conservative PE(for a growth company) of 20, if APCO does .32 that puts them at $6.40. If you take a more realistic PE of 25 even 30, thats puts them somewhere between $8 and $9.40 in less than a month from now. Everyone has to make their own decisions. I like how Jack put it the other day. Buying at these levels now will make you look like a genius later( sorry if I didn't the words exactly right Jack) Cary

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