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: The Ox who wrote (2094)	3/3/1999 2:30:00 PM
From: Turs	Read Replies (2) of 2574

Back in today @ $32 (had sold half at $48). Advest analyst is a new guy who clearly is "learning" the business and really made a mountain out of a molehill. Regardless, his concern about server demand slowing because of Y2K, which would drag APCC attached UPS's with it is overblown. 1. I would argue that APCC still has market penetration (read as market share gains) on its side, especially with respect to its new midrange and high end offerings. 2. Building by internet companies CANNOT stop because of the sheer pace of competition, producing demand for additional servers.....and UPS's. 3. The Y2K thing (which NOBODY has been able to quantify) has to be as much a driver for APCC as a drag, given that companies may want to ensure a stable shutdown in case power is affected on that fateful day. Glad I got the chance to buy back in at a P/E of 16 on forward 12 months earnings. I don't expect numbers to come down at all (except for this guy). Turs

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next