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


To: Cary C who wrote (3049)1/9/1999 12:24:00 AM
From: Amigo Mike  Read Replies (1) | Respond to of 3351
 
Hi All,

I hope everyone out there in APCO land who was buying the Jan 7.5 calls with me in August and September is happy. Nice to have a 4+ bagger on these. Still think the 12.50 target is possible by third Friday. I will be exiting these shortly and seeking to reestablish after a dip.

Amigo Mike



To: Cary C who wrote (3049)1/10/1999 12:46:00 AM
From: Shane M  Read Replies (2) | Respond to of 3351
 
Cary,

I'm curious if you could fill in the details on APCO's relationship with Allstate.

I work for Allstate, and we are rolling out a new "parts and labor" policy that very much sound like what APCO administers. Nobody I work with, however, knows of Automobile Protection.

What I can say is that it looks like we're pinning high expectations on the "parts and labor" policy, and the sales force receives a big commission -- so the incentive is there. I'm still wondering how it will all work out though. I think most people are still curious to whether we can sell alot of this given the high average premium.

Shane