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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?


To: Magnatizer who wrote (6063)6/16/1998 9:21:00 PM
From: Sergio H  Read Replies (2) | Respond to of 29382
 
Funny that you would post that article Dave. Besides market conditions and APCO trading at the high end of their historical PE before selling off, I think that investors were disapointed with that news release.

We all knew that the news release was coming and were just waiting for the particulars. I don't think that we were anticipating the words
"test marketing" to be included in the particulars.

APCO is doing fine and I would be very surprised not to see additional analyst coverage either just before next earnings report or just after. The new coverage will bring new buyers. APCO also has at least one more announcement before earnings in July. You know that don't you David ?

Sergio

ps Sandra, get in while it's down. :-)