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Technology Stocks : American Power Conversion
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To: Bald Man from Mars who wrote (1381)5/27/1997 4:41:00 PM
From: Candle stick   of 2574
 
I bought alot of stock at 20 1/2 last week in anticipation of this breakout.....I would definitely buy more at these prices and on any test of the trendline in the next day or 2, up to 23-24 dollars, since the first stop is most likely 27. At up to 24 you will still make anywhere from 13% to 29% on the first leg up, probably very quickly........my humble opinion of course. Note that I believe very strongly in the financial soundness of this company and that they control most of the power market both here and abroad, and that I also believe that back up units are becoming more a neccessity and less of an option for many users...ultimatly I think a little longer on the horizen APCC is at least a double your money play......;^)

P.S. I also like the july 22 1/2 calls.....
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