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Technology Stocks : American Power Conversion

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To: TobaccoMan who wrote (1848)	11/16/1997 11:33:00 AM
From: Chuck	Read Replies (2) of 2574

What do APCC followers see for price in next 3 months? I bought APCC based on my TA analysis at $22. My longer term indicators still look positive but my intermediate term indicators (usually 2-4 months) looks like a near term high. Normally I would obey my intermediate indicators and get out now. However, the stock looks SO strong in the recent weak overall market, I believe there is a reasonable probability that it will just consolidate in the low $30's for a short time and then breakout for a run in the next 3 months that would likely carry it to $36 - $44. Comments? Chuck

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