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Technology Stocks : American Power Conversion

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From: OldAIMGuy11/4/2005 1:00:01 PM
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Hi Jake, Looks like this thread died quite some time ago. I thought I'd point out that Value Line has dropped APCC to a #5 Timeliness (their worst rating) this week. It happens to coincide with my program's indication of it being time to buy back shares sold earlier. I find this contrary action somewhat interesting.

So, the Momentum has been broken on APCC. It was at Timeliness #3 (average)a couple of weeks ago at a $26 price tag. Now that it's given up about 20% of its share price, they now think it's a Timeliness #5 (worst!)!

Here's what this hypothetical example looks like for the last three years:

aim-users.com

There's plenty of cash reserve showing to continue buying more shares if the price declines further.

Best regards, Tom
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