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Non-Tech : APCO Automobile Protection Company -- Ignore unavailable to you. Want to Upgrade?


To: Cary C who wrote (604)12/23/1997 11:57:00 PM
From: James Strauss  Read Replies (1) | Respond to of 3351
 
APCO Keeps Rolling Along...

>>>I spoke with Todd at APCO today. He told me that the November sales were very good and that so far December sales so far looked good and they are still very hopeful of hitting the concensus estimates if not the higher .08 from Morgan Keegan. In my opinion and I stress my opinion only, new car sales have been up this quarter with alot of dealer low finance options and for the most part favorable weather conditions. This coupled with the Sonic agreement which will probably add a few contracts in the fourth quarter. Might possibly lead to a slight earnings surprise of .09 I doubt .10 however but one never knows.<<<
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Cary:

Thanks for the report of your conversation with Todd..

The lower interest rate environment and almost full employment situation is very favorable for Automobile sales... APCO investors are in the right place at the right time...

Jim