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Technology Stocks : American Power Conversion

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To: P314159d who wrote (2329)3/27/2000 1:23:00 PM
From: Paul M. Rengier  Read Replies (1) of 2574
 
I couldnït say, that you are totally wrong. But the fact that APCC appears on a lot of radar screens and holds the new P/E levels quite sustained, makes me reevaluate my sell recommendation I gave for 37.5$. There is either a new valuation of this stock underway (e.g. internet infrastructure provider) or the usual runup to exaggerated levels, just to be cut in half. But it seems that this is the starting point and not the end of this runup.

Any comments appreciated.

Paul
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