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


To: Cary C who wrote (3129)2/3/1999 11:36:00 AM
From: Wally Mastroly  Read Replies (2) | Respond to of 3351
 
Earnings press release:

biz.yahoo.com


"..Diluted EPS for the quarter was $0.12...

''The fourth quarter and the entire 1998 were exceptional periods for APCO. We experienced record sales and net income for the fifth consecutive year..."

Analysts consensus was $0.11:

quote.yahoo.com



To: Cary C who wrote (3129)2/3/1999 3:50:00 PM
From: JoeinIowa  Respond to of 3351
 
Cary,

If you get to ask questions at the CC ask what type of additional growth should be expected from all these new programs and when they will start kicking in.

Jose



To: Cary C who wrote (3129)2/3/1999 10:05:00 PM
From: Manny Gugliuzza  Respond to of 3351
 
Hi Cary

With consensus growth estimates at about 25%/yr for next 5 years out from the brokers following this stock, i am going to add a minimal 10% per quarter surprise that we have constantly seen.

If i am out of line someone can put this in better perspective. Fundamentals are not my strong point

that brings a 35% ( 40% greater than the 25% ) estimate IF we continue to beat the estimates as in the past.

With current multiples running at 33% greater than industry and these seem to be well tolerated by market price, it should bring a price to earnings of 25 to bear the stock towards 18$ if we stay on tract to .72cents /share(35% greater than.53 cents this year). Current estimates are for .63 cents, high range.

if it gets frothy and runs to PE of 37 like in 1997 could see 20-23$ on current estimates or 26-27$ on the 35% increase.

This seems to be in line with a 50% increase in stock price( that should occur technically in my opinion) with a close above the all time highs as momentum and continued excellent earnings reports flow from on going operations that are actually on the rise.

good luck to all

ar.



To: Cary C who wrote (3129)2/4/1999 4:15:00 PM
From: James Strauss  Read Replies (1) | Respond to of 3351
 
Cary:

Here is another snipit from the news release:

""During this time, we have grown the number of sales representatives, dealers, employees and administrative capabilities, such that we are now recognized as one of the leading service contract administrators in the industry. During the past year, we entered into or renewed alliances with prestigious companies such as American Honda Finance
Corporation, AllState Insurance Company, Autoconnect.com, Banc One Insurance Services Corporation, Kelley Automotive, Manheim Auto Auctions and Sonic Automotive. We are also in the process of finalizing other such alliances, which we hope to announce soon. Our core agent driven business, along with these alliances, should enable us to continue our growth into the future.""

APCO continues to be an excellent long term hold...

Jim