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Technology Stocks : American Power Conversion

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To: Boots who wrote (1691)	7/29/1997 4:09:00 PM
From: shane forbes	of 2574

Boots you are welcome. There is a wealth of terminology in financial analysis and it takes a bit of getting used to. I am disappointed with APCC's price performance since the earnings report. But maybe this should not be expected. After all there was a healthy run up in the couple of weeks prior to the release. Now that the earnigs season in over not sure whether we have any catalysts left. People may have become cautious on the overall market. Also did not see any analyst upgrades or reiterations (maybe one BUY reiteration - can't remember). So perhaps a lot of the s/t good news is in the stock. It's a funny world (but unprofitable). Long term I think this stock is a good pick. But s/t it's anybody's guess. For the longest time, in the last couple of months, the stock had been hovering in the 18.5 - 23 range. Let's see if this range gets upped/remains the same/sinks in the next little while. $-)

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