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Technology Stocks : American Power Conversion

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To: peter shi who wrote (1375)	5/21/1997 10:11:00 AM
From: Candle stick	of 2574

DEFINITELY time to BUY back into APCC if you are out...technicals look good for an immediate move to 22 which will complete a huge inverted head and shoulders, with a neckline around 21 3/4....a break of that level should yield a substantial move to the upside. Go back on this thread and see the bundling agreement APCC has with DELL. They try to sell an APCC unit with all DELL products. Yesterday DELL earnings blew away estimates at 1.08$ with expectations of 93 cents....stock rallied from a low of 94 to 107 so far today....this will certainly carry over into the related peripheral stocks such as APCC. I was very long between 15 and 16 and sold it all at 19 dollars. Today I bought back in at the opening and will hold now for a test of the bottom gap at 26 7/8 from February....best of luck to all....;^)

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