American Power Conversion Message Board

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Technology Stocks : American Power Conversion

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To: Boots who wrote (1498)	6/23/1997 12:36:00 PM
From: Joseph Francis Torti	of 2574

Yes you are right about the future it looks good to have the commerical now, but for this quarter coming they are trying to get this stock cheap again and the balance sheet will look worse this quarter then last. The Chart pattern is a mirror copy of last year and I would be stupid to sell now. I am trying to time the bottom just like everybody else and candle is right if it closed lower today then my theory would check out that anybody who held this for a one year for the tax saving gain would be pissed of that they didn't sell out when it was 24.00 two weeks ago. The action today shows every time it rally somebody is dumping or shorting. Hope this answer your question.

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