SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : American Power Conversion

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Greg Higgins who wrote (1409)5/31/1997 12:07:00 PM
From: jas cooper   of 2574
 

<<One way to view APCC stock is that it's been stuck in a trading range between 9 and 30 since 1993.>>


And what's wrong with tripling your money in that period of time. Timing it right would have made it about a ten bagger. Iam not at all dissappointed in having almost doubled my money in less than 2 years, and intend to do it again with a run that will probably hit 30 in the not too distant future.

This stock is a solid investment, and seems to go down when management keeps saying that the "next" quarter will never be as good as the "last". Their lack of selfconfidence never seems to hurt around earnings time.

IMO Our paranoia in buying stocks on sale is based on the information that caused it to become a "sale". We all want information that we think is NOT reflected in the price of a stock. Stocks that are down because of bad news are not on "sale", the are in the scratch and dent section.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext