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Non-Tech : APCO Automobile Protection Company
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To: Robert DeHaven who wrote (3267)5/3/1999 4:18:00 PM
From: Gary S. LeBlanc  Read Replies (1) of 3351
 
My philosophy is that a company such as APCO doesn't attract much attention when the market is making new highs. Their business is doing excellent and it is a matter of time until mutual funds start buying large chunks. Wait until the volatility of the overall market increases on the down side to see APCO make its run. Granted, it's not a Kentucky Derby winner, but I do consider it a cash cow; and insider ownership levels are favorable for a management LBO.

gary
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