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Technology Stocks : American Power Conversion
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To: Tom Reck who wrote (1798)10/26/1997 8:25:00 AM
From: Phillip Crone  Read Replies (3) of 2574
 
Tom, it is about a 9 page article but basically he is saying that the overall demand for PC's especially at the high end is going to slow dramatically, at least for the short term. In my opinion, most people paying under 1,000 or less for a PC aren't going to worry about power protection. I'm not down on APC by itself, I just personally see the next year or so being a slow down relative to the current growth rate. Also it is predicted that the overseas PC market growth will come to a screeching halt triggered by the current currency crisis in Asia. As you know a greater portion of APC's growth rate is from the overseas market. Tom, I am in the computer business and I would recommend many many high tech shorts right now, not just APCC.

For what it is worth, I will be spending 2 days this coming week at the APC corporate headquarters doing some business. If I find out anything of public interest that I think I can share I will let you all know.
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