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

To: Kulnor who wrote (873)	1/26/1998 3:56:00 PM
From: Dave Baker	Respond to of 3351

I've been watching APCO for sometime, but have been reluctant to get in -- more because of the general uncertainty in the market. It appears to me that there's a fairly solid level of resistance at 7 1/4. I currently have my alert set to 7 1/4 on 150k shares to let me know it's safe to enter. (Support looks to be around 6 3/8.) Anyone else share this concern/observation? Dave in KC

To: Kulnor who wrote (873)	1/26/1998 4:06:00 PM
From: Sergio H	Read Replies (1) \| Respond to of 3351

Pascal, it looks to me like everyone is waiting for earnings to come out in order to cash in. We're probably going to see a sell-off, no matter how good the numbers are if that is the prevailing mentality. APCO has a very small market share and has been effective in executing its business plan and increasing its business. There is sure to be additional business alliances in the near future along with other positive news. This is a growth stock and not a momemtum stock. Those that are waiting to cash in on the upcoming earnings are sure to be disappointed. The company will report well, but it will not result in a huge price appreciation. Everyone knows and expects APCO to report well. There will be no suprise when that happens. Sergio