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Technology Stocks : American Power Conversion

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To: trilobyte who wrote (1517)6/30/1997 6:49:00 PM
From: Joseph Francis Torti   of 2574
 
Funny every time I do not watch this dog it goes down big time. I was fixing my son car all day today. 1.9 millions shares and no news.
Arn't you apcc bull getting sick of this stock yet. If you bull are going to buy this dog at least buy the July 20 calls I do not know what the price is but I am betting it is below 1/2 points so if you buy 5 contract the most you will lose is 250.00 plus commission. And if it does go up to 22.00 by the 18th of July you should have a 1 1/2 point gain by then. If you can get it cheaper then 1/2 then I would buy it. Still think this will see 22.00 before earning no more.
J.B. you are nuts buying a stock that close at the low for the day I would never buy a stock that close low for the day and on today's heavy volume too. Tony 40.00 by next year! dream on baby dream on.
The only way that will happen they have to buy back their share again.
For the amount of revenue and income they produced with the 90 millions shares outstanding this will never see forty dollars. IMHO.
JOE
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