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Technology Stocks : American Power Conversion

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To: Wally Mastroly who wrote (2137)	4/7/1999 12:02:00 PM
From: bronco	Read Replies (1) of 2574

Inventory glut - will this be the end to a great company? Many have argued that this company is undervalued and should be trading in the $40 range. However, if inventory is building and DSO is slipping, this could be APCC's downfall. Don't get me wrong, I like company, but have been around this industry too long to know that when the herd on Wall Street smells something it doesn't like, it can move violently and trample any individual investor standing in its way! Are we at a bottom? Yes, until earnings, then direction will clearly be established...get ready to pull the trigger cuz trading action will be fast!

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