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Technology Stocks : American Power Conversion

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To: Paul M. Rengier who wrote (2295)2/3/2000 10:14:00 PM
From: P314159d  Read Replies (1) of 2574
 
>>This would bring us to around 37.8 $.

i'll take half that move in the next week plus, but i have a mid 40s in this year.
I think APCC gets more fanfare this year than in previous years, because it produces those consistent earnings. That should give it a PEG on the high side of growth rate and with growth 20+ %, mid 40s year end. But the biggest move is now, would allow for reentry midsummer doldrums.

On the breakout. You have valid points, but we have retested intraday and held already, so I like our chances for that added 10%. Volume is nice and solid.
options volume is not excessive so, it can continue without an odd derailleur.

I'll probably cut back and hold those teens and low 20s for awhile, just in case a surprise follows.
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