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Technology Stocks : American Power Conversion

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To: Stephen Tomasetti who wrote (1596)7/14/1997 2:16:00 PM
From: Joseph Francis Torti   of 2574
 
Hi all, I took the liberty of checking back the last time Miss (contrarian indicator) Grey spoke about when her earning announcement post and the action of the stock price till earnings.
Last April 7th 5.37pm post #1167 she said earning would be announced after the closed of April 24th. Apcc shows it closed 22.1/8 April 7th, the 8th no change, the 9th thru the 14th which was my birthday by the way. Apcc started down from the high of 22 3/8 to the low at 19.75 to closed at 20 5/8 on the 14th. After ruining my day (G) apcc rebound for three day from 20 5/8 to the high of 22 5/8 on the 17th. From here on then till earnings and after Apcc nose dive seven straight days after the 17th from 22 5/8 to 15.25 low on the 28th of April. So there was five days of trading time before earnings was due that Apcc was telling you that the earning was not going to be good. So if the stock starts trending down from here on you can decide for yourself if the earnings will be great or not. Joe
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