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


To: TheInvestor who wrote (1455)3/7/1998 2:52:00 AM
From: Phil Jacobson  Read Replies (2) | Respond to of 3351
 
<< The stock will dip into the 8s, and you can take this money and buy even more shares then you had before>>

TI,

Please clarify your opinion. Just this past Monday you said "The all time high has just been set. Now comes the true strength of APCO, if it goes over 9 who knows where it will stop. If not, well back to 7s I suppose."

Well, it hit 10, has been holding up well in the mid-upper 9s, and it appears more news is coming soon. What changed your mind? What makes you so sure this time? Please be more specific and support the statements you're making with some facts, otherwise it's conjecture that's no better than my kid's Magic 8-Ball. So far your calls on APCO have been incorrect and track record matters when you're making recommendations.

You're right that someday in 1998 everyone might sell. I don't plan to do that so I won't act now as if I will? I try to be consistent. From what I've seen so far APCO's as clean as it gets in this business. Most of us are in tech stocks for great rewards knowing that we need to analyze positions constantly to avoid being hit with an Adaptec-style debacle. In APCO you get a company that has for the last year hit all plans and paid all rewards for almost none of the effort it takes to manage a typical tech/ internet/ communications weighted portfolio. Track record says the next year should be no different.

Every year people wish they bought CSCO, MSFT, DELL, and AOL the year before, or didn't sell early. Every year people wish they had dumped their NOVL position a year earlier. Track record matters.