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


To: Cary C who wrote (11677)12/24/1998 9:53:00 PM
From: Ken W  Respond to of 29382
 
Cary: Okay you win the arguement...you won the OMX, SPLS arguement, hands down.

MZON, I'm not real familiar with, other than there was no way it could sustain the run it had. Profit taking and "clearing positions" left many holding the bag..Been there done that. :-)

Merry Christmas to you and your family Cary. I look forward to the next year working with you and our many cyber friends, hopefully we'll have a great year up coming.

Ken



To: Cary C who wrote (11677)12/25/1998 9:41:00 AM
From: Sergio H  Respond to of 29382
 
Cary, I'm taking a break from XMAS activities to scoop you on APCO. (Will it sell on the news?...LOL)

Two Small-cap Gurus Bullish on Auto Warranty Firm (APCO)
Monday, December 21, 1998

Two leading small-cap advisors are so bullish about
Automobile Protection Corporation (APCO) that both made it
their top pick of the month. The firm markets and
administers vehicle service contracts and extended warranty
programs that are then sold by new and used auto dealers in
the US.

"(APCO) has maintained steady growth for several years and
has the potential to grow at about 25% per year in the
coming two years," says Richard Geist. He calls APCO "a
classic growth company" and sees potential for continued top
and bottom line growth. Geist also cites record revenues and
earnings for Q3 98 and a compound annual revenue growth rate
of 37% over the past three years.

"The reason to check out APCO is for its alliances and
earnings history, not just because it beat earnings
expectations," says Jon Steinberg. The company achieved its
23rd consecutive quarter of record revenues by steadily
adding key relationships with companies like Honda, Allstate
and BancOne. But the firm's greatest strengths are in its
financials, he says, noting "sterling" balance sheet ($29
million in the bank, $2.34 per share) and cash flow
statements ($7.5 million in cash flow this year, $9 million
predicted next year.). Steinberg maintains a buy
recommendation with a 12-month price target of $16, 25x his
FY 99 estimate of $0.64 per share.

For more on Richard Geist's recommendation see "Highlighted
Stocks," December 1998, Richard Geist's Strategic Investing.
Richard Geist integrates psychological aspects of investing
into a methodology for selecting small company stocks.

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