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Technology Stocks : American Power Conversion
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To: JakeStraw who wrote (2453)3/21/2001 10:12:46 AM
From: BWAC  Read Replies (3) of 2574
 
Well Jake that sounds just about like what we have been saying about APCC, sans the buyout part. I'll just pretend I didn't read that paragraph as it is detrimental to one's thinking usually.

Facts remain that APCC is a strong viable company, with the best products in its business, a few good alliances (Dell), and a very strong balance sheet with no debt, trading at a 13 PE.

Its certainly worth more than $13 in any long term view. I'll wait and hold. $13 to 20 is a nice 50% return. And I can see $20 in sufficient time to make a 50% return look great.

BWAC@waitingforsanitytoreturn.com
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