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Technology Stocks : American Power Conversion
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To: Gottfried who wrote (1323)4/30/1997 5:19:00 PM
From: Mad Bulgarian   of 2574
 
This HP news is extremely significant. Here is a small company (APCC) sticking it in the eye to a much bigger and better-known company (HP).

This is complete and total defeat for HP, and worse, in a very visible and humiliating way. I'm sure that HP would have liked to make power conditioning as successful as printers, and drive everyone else out of business. Instead, they collapsed.

This is extremely significant because it proves that APCC is strong enough to survive a major challenge, and also because it removes a potentially deadly competitor. No wonder we're up 16% on the day!
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