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Non-Tech : APCO Automobile Protection Company
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To: Jack Markowitz who wrote (997)1/30/1998 9:37:00 AM
From: Albert Martin  Read Replies (1) of 3351
 
TO ALL: Guys I am a fairly new shareholder and lurker to this thread. It appears that the two investment styles (Buy & Hold, Traders) are butting heads and wringing hands here. It all so simple, if you like a company and it's future you simply hold and forget the small bumps in the road. It you worry yourself to death over every little tick of the stock on a daily basis then you need to sell and move on. This company looks extremely solid from every aspect. This stock is not for traders.

I heard Tom Gardner of Motley Fool being interviewed on an Atlanta radio station this week and he illustrated buy and hold by stating that $1,000 invested in Coke in 1919 is now worth $160,000,000! Not a bad rate of return.

So, unless the fundamentals change, forget the the little bumps and enjoy the long ride. Just my very humble opinion.
Albert
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