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Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts -- Ignore unavailable to you. Want to Upgrade?

To: HandsOn who wrote (7406)	8/21/1998 11:36:00 AM
From: Trumptown	Respond to of 25711

Remember AAPC from a few days ago...bid is now over $7 siliconinvestor.com SR

To: HandsOn who wrote (7406)	8/21/1998 11:41:00 AM
From: musicguy	Respond to of 25711

The SEC investigation coupled with the new 10Q makes this look like a train wreck. They seem to have paid a LOT of benefits, resulting in a $5.60 per share loss. They seem to have been caught napping .... the SEC thing is what worries me. The financials can turn around, and the price falling from $20 to $2 in a little over a month presents an amazing opportunity, but ONLY if the SEC investigation doesnt uncover anything fishy. It is a total gamble, and not what I would call a daytrade. Even if the investigation goes quickly, AND they turn the financial picture around, it may take some time for the share price to recover. Would have been a great short, hell it still may be... MG