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Technology Stocks : American Power Conversion

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To: The Ox who wrote (2403)	10/27/2000 5:27:44 PM
From: BWAC	of 2574

Hey, I'll take that at 14 PE. And leverage in some swing trades, leverage in some options, etc. I just don't understand the rush to the exit from a quality company that really has been growing earnings steadily, and sales growth as well really. It was much easier to grow at 25% a few years ago when sales were less you know. APCC was in no way shape or form worth $40 earlier this year. It carried to much risk. But that is not the case today. Yet the investors are running like it is the end of the world. Bizarre at best. Insane at worst. Only thing I know. I like APCC here and the price is right to buy.

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