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Technology Stocks : American Power Conversion
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To: Stephen Mecca who wrote (1783)10/11/1997 10:17:00 PM
From: Gil Gilbertson   of 2574
 
Thanks for the comments, I see a virtual runaway market for UPS
both in pc computer usage but even more necessary on servers and
intranets. They enjoy dominance in their field in what is becoming an everyday necessity of life. They have a LOT of room to grow.

The other end is the deregulation of Utilities, which I believe will lead
to a lot of power interuptions for the next few years until it is smoothed out. Also the 3rd world countries do not have dependabel power and the market overseas should be even greater. Their only drawback has been capacity to produce and meet demand. They
are adding more factories now and that should heal this wound.
This stock answers the major concerns of the Buffet formula and
that is another plus for long term ......Gil
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