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Technology Stocks : American Power Conversion

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To: Gottfried who wrote (1719)8/11/1997 7:31:00 AM
From: Phillip Crone   of 2574
 
I would suggest to never lose your "fear of shorting". Shorting the wrong stock has ruined alot of traders. Remember, just because I am short does not mean I "hate" APCC . Don't forget, much of my income in life comes from selling the product. As I have said many times before, APCC is the best of all UPS products that I sell. Also my shorting of APCC is only a short term play, or a "trade". For all of you long term holders out there, don't worry. I think over time APCC will be a great stock and has been over the past year. If you like APCC and it goes down, then buy more. You should be happy if it goes on sale. Dollar cost averaging is one of the most prudent ways to invest.
If APCC does break down this year I will be adding this stock to my childrens portfolios which they will hold for at least 20 years or more.

Take care,

Phillip
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