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Non-Tech : APCO Automobile Protection Company

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To: Alexander who wrote (1284)2/28/1998 3:33:00 AM
From: Cary C  Read Replies (1) of 3351
 
>>>If SAH hits/exceeds their number what will that do to APCO? How much of SAH's growth currently contributes to APCO's bottom line?<<<

What will it do for APCO.... It should reaffirm that the exclusive agreement with SAH should benefit APCO a lot. How wall street takes it, who knows. How much SAH's growth contributes to APCO is hard to say. I believe that during the conference call Mr. Dorfman mentioned that from one of the dealers they were averaging 50% of the cars on warranties. I believe this was a SAH dealer. I would think this would be extremely noteworthy and would be picked up on by the other dealers within their chain as a way of making additional revenues. I know that doesn't really answer your question, but I'm not sure how to obtain that information since APCO doesn't like releasing it because of competitors.

I thought here were four analysts but according to Zach's there are three. I like their ranking position and forecasted earnings. The earnings are showing them growing at a 28% clip. Here is the link for those interested

quote.yahoo.com

Cary
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