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Technology Stocks : American Power Conversion

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To: Eric J. Beyer who wrote (1929)	1/18/1998 8:26:00 PM
From: Phillip Crone	Read Replies (1) of 2574

Eric, I used to like to short until I realized that I didn't want that much risk, I also didn't use buy stops like I should have. However with the way I feel about the market for the next couple years there should be alot of people making money shorting stocks if they are right. I do a little one now and then like I did with apc a few months ago but I don't sleep that well when I short for some reason. I would rather buy puts where I know exactly how much I can lose. I see that APCC isn't report earnings until Feb 9. I guess we should have a much clearer picture on S.E. Asia by that time. I noticed that the big wholesale distributors Tech Data and Ingram Micro got down graded on Friday. They are APCC's largest customers in the world so I would watch that one carefully you longs out there. We have alot of activity going right now with the new Symetra product and I am very excited long term about the prospects for this new product. Keep the Faith,,,,, Phillip.

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