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Technology Stocks : American Power Conversion

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To: lavalamp who wrote (1269)4/25/1997 4:46:00 PM
From: Stephen Mecca   of 2574
 
To all:

Does anyone think APC had a double whammy due to the combination of an "average" earnings report and the fact that the Nasdaq was hammered today? I'm just a novice, but it seems if sentiment was already bad (because everyone had expected killer earnings), it may have been exacerbated by the overall market. Translated: overreaction by investors and good buying opportunity; maybe a jump on Monday?? As someone previously mentioned, if you liked it at 20, you should love it at a lower price. Comments anyone?
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