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Technology Stocks : American Power Conversion

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To: laurel bowen who wrote (2242)10/22/1999 3:23:00 PM
From: Bernie Goldberg   of 2574
 
Watch out for Advest.
Last year when APCC hit 51 Advest issued a buy on it. The price promptly dropped to the mid 30s and then they issued a sell. They obviously have no understanding of APCC's business. I've been holding APCC for 5 years. Every year they get hit in the summer for having excess inventory. Starting in October they have sold the inventory and created great profits. It is a great trading stock.
Bernie
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