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Non-Tech : APCO Automobile Protection Company
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To: TheInvestor who wrote (1460)3/8/1998 12:52:00 AM
From: Froman  Read Replies (1) of 3351
 
TheInvestor stated on 3 March 1998:

I jumped off at 7 7/8 and now regretting it. Oh well I should have more patience. THe price now is too expensive for my risk level.

and more recently:

So get off your hype train, and be real.

Hmmm. . .it sounds to me like you're a bit envious of those that had the discipline to stay the course and now you would like to see the price drop back down to the level at which you initially sold so you can make up for your misjudgement of APCO's price appreciation. Historically speaking, APCO's price is right where it should be, between a P/E of 25 & 30 or $8.75 - $10.50. As far as I'm concerned, APCO is right on target and I don't expect it to venture far beyond either of these two extremes in the near term. But should APCO venture outside of this range, I would expect it to be on the high side and not the low side. But thank you for your concern about my financial well being, but I think I'll be foolish for a while longer and let my profits run.

Fro
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