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Technology Stocks : American Power Conversion

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To: gizelle otero who wrote (2209)	6/8/1999 6:47:00 PM
From: Turs	Read Replies (1) of 2574

Gizelle - Ironically, I sold my margined position today too. I had bought 1000 shares (now 2000) on margin at 27 3/4 a couple months ago. Made 41% on them. My original target was $38, but decided to hold out for $40-41, with a short leash. Got uncomfortable with the market lately so I decided to take $39 1/4 ($19 5/8). Feels good to be partly in cash now. Look for an upside surprise in Q2, given that Q1 was so strong and they didn't raise guidance.

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