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Non-Tech : APCO Automobile Protection Company

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To: Cary C who wrote (1434)3/5/1998 1:25:00 PM
From: James Strauss  Read Replies (1) of 3351
 
Everything In Its Time...

>>>Secondly, I would like to start by saying as you know, I like RECY very much. However, I personally believe that APCO is a stronger stock right now than RECY. They have everything already in place where as RECY has made numerous acquisitions and grown very rapidly. These are two things that take time to work themselves into the new company properly. So far management has done an incredible job putting it all together and I believe they will continue to do so. Their last earnings even were stronger than most had anticipated. Correct me if I'm wrong but I believe this was the biggest hurdle as to the fall back in price. This to me wouldn't appear to be the case with APCO. I also believe that RECY has the potential to do better than APCO. Like I said I just don't think they are there quite yet<<<
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Good analysis Cary...

Currently, there is no question that APCO is exhibiting much stronger Relative Strength than RECY... And For Good Reason... Many Fundamental factors are coming together that gives credibility to the APCO story... A month or two from now RECY may be exhibiting greater Relative Strength... It all depends on whether RECY can be as successful at what they're doing as APCO is... The key to long term investing success is to find those companies that do what they say they're going to do... APCO passes this test... RECY passes the test for Acquisition execution... Now it has to pass the test for efficient and profitable operations execution...

Jim
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