SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : APCO Automobile Protection Company -- Ignore unavailable to you. Want to Upgrade?


To: Alexander who wrote (1284)2/27/1998 4:41:00 PM
From: Alexander  Read Replies (1) | Respond to of 3351
 
Can someone confirm an attempt at a 50,000 share trade for 8 3/16 that came in just after the market closed at around 4:03 PM! WOW!!!

I think that we have a big player here who wanted to pick up some shares but was a little late. I would look for this large block to execute first thing on Monday morning.

Could this be a MM trying to pick up some cheap shares?

Alexander



To: Alexander who wrote (1284)2/28/1998 3:33:00 AM
From: Cary C  Read Replies (1) | Respond to of 3351
 
>>>If SAH hits/exceeds their number what will that do to APCO? How much of SAH's growth currently contributes to APCO's bottom line?<<<

What will it do for APCO.... It should reaffirm that the exclusive agreement with SAH should benefit APCO a lot. How wall street takes it, who knows. How much SAH's growth contributes to APCO is hard to say. I believe that during the conference call Mr. Dorfman mentioned that from one of the dealers they were averaging 50% of the cars on warranties. I believe this was a SAH dealer. I would think this would be extremely noteworthy and would be picked up on by the other dealers within their chain as a way of making additional revenues. I know that doesn't really answer your question, but I'm not sure how to obtain that information since APCO doesn't like releasing it because of competitors.

I thought here were four analysts but according to Zach's there are three. I like their ranking position and forecasted earnings. The earnings are showing them growing at a 28% clip. Here is the link for those interested

quote.yahoo.com

Cary