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Technology Stocks : American Power Conversion

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To: Dabo who wrote (1219)4/24/1997 8:42:00 AM
From: DAVID BANISTER   of 2574
 
I see we have a short here...LOL

Lets look at it another way, IBM reported earnings 9 cents or so ahead, yet they were
affected by 19 cents due to currency translations, however, Im not sure how much of their revenues
are hit by currency. APCC says 15% of revenues affected, so who knows what the hell that all means?
Maybe 1 cent per share at best...they also expertly guided analysts numbers down a bit after last
quarter, trying to manage the street better. I see about .26 per share coming in tonight vs estimates
of .23. I am buying on margin this morning. Talk to you all later tonight.
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