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: Cary C who wrote (1434)3/5/1998 8:47:00 AM
From: TheInvestor  Read Replies (1) | Respond to of 3351
 
Cary:
First let me tell you my personnal opinion. Yes APCO is a good co., the stock now is highly inflated with a lot of talk about potential, we had two contract news releases but NO MONETARY VALUE behind them,
for folks to jump on this and act like the Co. is going to make mega
dollars on it, is a HYPE TRIP. You of all people hate hype trips, lets
get down to reality and tell it like it is. If you ask Todd what these
contracts mean in dollar value with some level of confidence he will
not say, because he wants to be more conservative, to me its a way to
withdraw oneself from commitment that cannot be met. Why
not ask for facts and stop the hype trips. Yes, I am off this hype train now, because I did not see APCO going that fast past $8 mark, I
expected more of a rolling mode. Apco has clearly taken advantage of the hype on SI to monopolize on it. To me it crosses the line between
a scam and decent business. They even told you or others to blast these two news articles to get the stock to jump up, but as I said before, What goes up in hype will go down in hype.

I am not impressed. At least RECY stands behind its obligations and does not try to inflate what is not there. Yes, they have debt, yes
they come clean with the pros and cons on the Co. I like honest true
to the core companies, not ones trying to monopolize on people's weakness.

If and maybe when, these two contracts produce the kind of cash that warrants the move we are seeing now, then and only then I will applaud
these contracts and say the stock blongs at a higher level. I do not
appreciate folks who buy on rumor and sell on Good news, I have been
burnt too many times buy scams like this in stocks.

I have also been burnt many times last year with the TA56 POW stocks,
because they were driven by hype more than reality. We all know what
hype does to investments in the long run, so lets take a more conservative posture, and place the value where it should be. Perhaps
comparing other Stocks in similar situation and pricing category would
be a better way to price a stock and seek a given price.

That is my two cents worth, right or wrong. It is my opinion and you
asked it.

TI



To: Cary C who wrote (1434)3/5/1998 1:25:00 PM
From: James Strauss  Read Replies (1) | Respond to of 3351
 
Everything In Its Time...

>>>Secondly, I would like to start by saying as you know, I like RECY very much. However, I personally believe that APCO is a stronger stock right now than RECY. They have everything already in place where as RECY has made numerous acquisitions and grown very rapidly. These are two things that take time to work themselves into the new company properly. So far management has done an incredible job putting it all together and I believe they will continue to do so. Their last earnings even were stronger than most had anticipated. Correct me if I'm wrong but I believe this was the biggest hurdle as to the fall back in price. This to me wouldn't appear to be the case with APCO. I also believe that RECY has the potential to do better than APCO. Like I said I just don't think they are there quite yet<<<
**********************************************************************
Good analysis Cary...

Currently, there is no question that APCO is exhibiting much stronger Relative Strength than RECY... And For Good Reason... Many Fundamental factors are coming together that gives credibility to the APCO story... A month or two from now RECY may be exhibiting greater Relative Strength... It all depends on whether RECY can be as successful at what they're doing as APCO is... The key to long term investing success is to find those companies that do what they say they're going to do... APCO passes this test... RECY passes the test for Acquisition execution... Now it has to pass the test for efficient and profitable operations execution...

Jim