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Technology Stocks : TECD - Tech Data

TECD 144.90

0.0%

Jun 30 5:00 PM EST

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To: angel who wrote (34)	12/23/1996 8:03:00 AM
From: Herman J. Matos	of 584

Hi Angel, I also like American Power Conversion (APCC) that make those battery backup power supplies and surge protectors. That company has been growing bigger, stronger and that trend should continue. They just made a new high of $28.00 with an EPS of 90 and a relative strength of 99. They do trade options. This stock should hit $40.00 in 1997. They have the power supply niche locked up. Zacks rates the company a strong buy! APCC exceeded 1st and 2nd quarter earnings this year by +12.36% and +40.62% respectively. 3rd quarter earnings report should be out around Feb. 17, 1997. A broker friend of mine strongly suggested the stock as a long term buy into 1997. I agree with his recommendations and I also enjoy APCC products. I looked around work and all I found were the APC label on every single power supply.

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