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Non-Tech : APCO Automobile Protection Company

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To: Kulnor who wrote (1150)2/9/1998 8:11:00 PM
From: Cary C  Read Replies (2) of 3351
 
I'm glad to see that you held your shares and didn't try to buy back in the low 6's. It looks like some people that were trying to might have missed the boat. At least without paying more than what they sold it for. Like I said earlier this one has lots of things happening right now. Trying to sell and re-enter could be expensive.

Sergio and I were talking over the weekend about APCO. I think we are going to see a news release in the next couple of days. The volume today might be indicating this. Does your TA suggest this as a possibility? I think one of several things will be announced.

1. New analyst coverage that I've been looking for.

2. Release of a new product that will open up a lot more doors and also allow for penetration of their existing dealerships.

3. One of the two items that Todd has said that they were very close to being done on.

Since APCO likes to release news Tuesday thru Thursday, why did they release good news on Friday? I believe a possibility is that they have another announcement to release and did not want to release them at the same time. Several items were mentioned in the earnings release.
Taking into consideration the conservative nature of this company, I don't think they would have been mentioned if they weren't ready to implement these items.

The above is an uneducated guess on my part. I hope nobody takes it as " hyping ". I am curious to here other peoples opinions. Does anybody else agree or disagree?

Cary
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