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Technology Stocks : American Power Conversion

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To: BOJO who wrote (1405)5/29/1997 4:40:00 PM
From: Candle stick   of 2574
 
NO hype here Bob, just a great solid company who is more than likely to be reporting better than expected sales and earnings (ala DELL GATE COMS CSCO etc.) due to the unexpected boom in computer and network product sales.....notice how APCC closed the high up 1 3/8 with the DOW and the Nasdaq both down again. Thats real demand for the stock and no supply to be had. Volume is good but definitely NOT high which means the top has not yet been found. On a day with extra high volume and new highs, THATS when the stock will be topping out. Right now there is a nice steady rise to 27 coming as far as I can tell, then I will reevaluate the situation............;^)
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