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Technology Stocks : American Power Conversion

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To: Zanga56 who wrote (958)3/30/1997 11:56:00 AM
From: Phillip Crone   of 2574
 
Sorry it took me so long to answer your reply, I have been busy and traveling and I missed this one. We talked over a year ago about the possibility of someone like HP buying out APCC. I really don't see a computer company buying APC but you never know. The best thing that can happen to APCC at the moment is that they are successful with their new Symetra product. This could turn them into a multi billion dollar company in a few years if it works. I am still waiting to average down if APCC comes back into the mid 16's. Time will tell but I predict we will know the answer and that over the next month or so. I am still sitting with my money in gold at the moment. I will let you know when I start accumulating APCC again.
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