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


To: Tai Jin who wrote (1346)3/4/1998 7:17:00 AM
From: Froman  Respond to of 3351
 
It sure is reassuring to own a stock in which it isn't necessary to keep on a daily watch, and with Jack & Cary keeping the factual information updated, the only surprises we seem to get are positive ones. The recent announced deal with Allstate and another similar deal in the wings, I suspect FY98 numbers are going to look more like the projected FY99 numbers. The business of APCO seems to be snowballing and we are just seeing the start of it. As APCO's name becomes more visible, there will be others that will want to get on board. As for any possibility of a takeover, I believe APCO adopted a poison pill back in 1996 to prevent any hostile takeover and I don't think management is interesting in selling out anytime soon. So I don't see this as a possibility.

New deals, new exposure and expanding volume all lead to a rising price. Enjoy!

Fro