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Technology Stocks : American Power Conversion
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To: Steven Dopp who wrote (2371)7/28/2000 11:22:35 AM
From: The Ox  Read Replies (2) of 2574
 
A 43% haircut due to forward earnings revisions of 4% shows just how manic this market is getting. APCC often has conservative guidance this time of year and we've seen this type of reaction in the past, although we don't normally see 40% in a day. Usually it takes a week to do this type of damage to the stock.

Talk about an overreaction!!!

I still haven't bought any but I'm getting close to pulling the trigger at this level!
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