American Power Conversion Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : American Power Conversion

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Alan Edgett who wrote (2032)	7/30/1998 11:13:00 PM
From: Marz	Read Replies (1) of 2574

Inventory up to $199M from $159M in the 2nd Q last year. Increase of 25% seems reasonable given similiar increase in sales. Press release also implies that balance sheet includes amounts from Silcon A.G. (majority owned at the end of June) but does'nt address how much of the inventory balance relates to them. I thought the report sounded exceptionally upbeat in particular I liked the following: <Given our first half net income growth rate of 28 percent and our current business outlook we believe there exists an upside potential of a couple of percentage points that could bring 1998 net income growth into the mid- to high-twenties," commented Dowdell. > If the street can focus on this aspect of the report .... potential for an increase in the projected growth rate over what analysts currently expect...it could get this stock moving once again. But my fear is they will once again be concerned with the inventory levels. Guess we will see soon enough!

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next