American Power Conversion Message Board

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Technology Stocks : American Power Conversion

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To: douglas hurd who wrote (1279)	4/26/1997 3:34:00 PM
From: Carl Yee	of 2574

While many of the posts here seem to be from folks who are bottom fishing or value investing, I think we need to understand that there is a hell of a lot of overhead resistance now built into this stock. People looking to get even and then out will be real anchors on any future advances. I hope it does go up because I have some APCC calls June 20s that I expect to expire worthless, but realisitically you can't ignore the prevailing psychology that will face any rallies. It will take quite a while to get those shares traded from losing hands to strong hands. Carl

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