APCO Automobile Protection Company Message Board

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Non-Tech : APCO Automobile Protection Company

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To: Sergio H who wrote (1016)	1/30/1998 9:21:00 PM
From: Robert DeHaven	Read Replies (3) of 3351

Guys & Dolls: The show is still on....If the market moves strangely sometimes. Obviously there is stock for sale and at cheap prices too. If one believes APCO can earn .40 for the year (me) then a price at 6.40 puts the PE at well under 20 ...historically this company has always traded at 20+ PE's. That makes me certain the closing price today is an aberation and a safe buy at these levels. This company conceivably could grow 35-40% per year for the next three years.... Fundamentals are sound.... No debt.... Plenty of Cash..... Float is small ---which leads to the price volatility....Institutions don't particularly care for this But hey the market makers are making it cheap....There is a sale on APCO---Anyone want to go shopping? Good luck, Bob

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