American Power Conversion Message Board

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Technology Stocks : American Power Conversion

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To: Gottfried who wrote (1326)	4/30/1997 8:28:00 PM
From: Earon Fairbourn	of 2574

This stock can really move!! Fundamentals as your aware look great!, but this has not been enough to subside the bears. With the exception of a few 3pt. moves, the stock has been bearish since mid-Jan. It has accomplished a 3 pt. move this time in one day! I think all who ventured in today were rewarded nicely, but currently I think the odds of major upward movement from this point on are not any greater than 50%. This stock is more likely to at least partially retest its lows before changing its previously bearish course. Just so I don't offend anyone I'm not trying to break up the party, I just wanted to give my impressions. Basically, I think this stock is in the process of changing its course, but I'm just holding out for better odds!! Anyone??

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