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Non-Tech : APCO Automobile Protection Company

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To: Neal Glunn who wrote (2056)4/29/1998 6:52:00 PM
From: Froman  Read Replies (1) of 3351
 
Well, historically speaking APCO was never a stock that took off on earnings announcements. Usually it would sell off on earnings announcement but yesterday it went up 1 1/16 so it did buck that characteristic. I think overall market conditions have people on their toes and some people like to go cash when the market gets a little uncertain. All the guest analysts on CNBC lately all are talking about the rest the market needs. But back to your observation, APCO is a stock that requires patience. It takes a little time after earnings for the price to adjust relative to the new earnings. Just when you least expect it, it'll be off and running.

Good luck!

Fro
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