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Technology Stocks : American Power Conversion

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To: JB who wrote (1510)6/26/1997 4:36:00 PM
From: Joseph Francis Torti   of 2574
 
JB, I would not buy more Apcc even if you gave me the money. I would take your money and put it in one of the disc drive company. You can buy QNTM at the same price as Apcc, Why would you put your money on Apcc when you have another company that is better and cheaper fundamentally then Apcc and moves an average of two plus point each day. You are a long term trader and you will grow old for a lousy 5 points gain by December if your lucky. You can bet Qntm Price swing will be more wilder then boring Apcc. Notice the options outstanding open interest, not one of them is near 1000, even the smart trader's got tired of this one since they been expiring worthless the last three months. Oh another thing Apcc reports on the 25th of July after hours if I'm right, Imagine if it's stinks, would you want to be holding that stock for that entire weekend. While Mc bow bow and company laughing from their favortie watering hole. Not me.
Good luck to you. Joe.

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