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Technology Stocks : American Power Conversion

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To: Woody_Nickels who wrote (1536)	7/3/1997 6:41:00 PM
From: Joseph Francis Torti	of 2574

Well, well, well, another boring week at the dawg pound. Just to let you know somebody bought 100 August 20 puts today. So somebody thinks thissa dogga gonna goa downa. Why not buy the July 20 puts? Duh! Because it will expire one week before earnings. So this buyer is betting on a bad quarter. Well I should have taken my own advice about dumping Apcc and buying qntm for the same price and I would have recoup back 1 3/4 points already. I have one disc drive company now Seagate and that finally move some the last two days. Happy fourth to all bulls, bears and Dog owners (G)

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