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


To: James Strauss who wrote (7426)8/2/1998 4:17:00 PM
From: Sergio H  Read Replies (1) | Respond to of 29382
 
Jim, a few thoughts on APCO. I'll post them on this thread and on the APCO thread to give you stereo. You got me thinking about the perception vs the reality angle. If nothing is wrong with APCO then the perception of the stock must be the problem, along with market conditions.

A few thoughts on the factors that may be affecting the perception of APCO:

Bank One (ONE) and Allstate (ALL) have had some problems. ONE's recent earnings report was below expectations and ALL recently was downgraded by one analyst. APCO relies on business from these companies.

Increasing share of car sales through the internet. Robert posted that APCO will be a precence at autoconnect.com and I would like to confirm that. I've been reading about Priceline.com and other internet car sales sites and their increasing market share. APCO needs to tie in with sales generated through the internet.

All in all, I am very satisfied with APCO's report and their future prospects.

Sergio