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


To: Kulnor who wrote (1063)2/4/1998 1:34:00 PM
From: Cary C  Respond to of 3351
 
Pascal I'm not sure when any other news releases are coming out. Given todays numbers, I wouldn't be surprised to see new analyst or institutional coverage here very shortly. I imagine Todd is going to be very very busy the next week or so. Getting word out to institutions and answering questions for those that were already interested in APCO.

As far as being able to buy in the low 6's, that would surprise me. This stock surprised me before though. During the last two quarters that I've been following this stock, I don't ever remember the stock closing below a PE of 20. With the current earnings at .34 that would mean $6.80. I'm not going to risk even my trading shares on that possibility.

Cary