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Technology Stocks : American Power Conversion

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To: Candle stick who wrote (1398)	5/30/1997 2:53:00 AM
From: Greg Higgins	of 2574

Candle stick writes: Funny how people like to buy everything on sale but stocks. A stock is the only thing that people want to buy when its higher or more expensive. When prices decline, (stocks on sale) noone wants them!? This is the IBD philosophy. They look at stocks the same way a department store buyer looks at dresses. Do they buy the blue one which no one wants, or do they buy the red one which everyone wants. Their philosophy says, "Buy the RED one." One way to view APCC stock is that it's been stuck in a trading range between 9 and 30 since 1993.

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