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Technology Stocks : American Power Conversion

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To: Whys1 who wrote (2168)4/15/1999 4:55:00 PM
From: jas cooper  Read Replies (1) of 2574
 
Well judging from other stocks, seems like it will stick close to 30 till options expire.

After that it depends on how they sell themselves to Wall St. I saw a piece on CNBC a while back where the interviewer said something like "you're really playing in the internet space with your products?" giving the CEO a perfect opportunity to latch onto the idea. Nothin'!

He might as well have said, "If Compaq don't sell no PCs, we don't sell no UPSes!"

They have the lion's share of the market. They can make something of it, or turn it into something like the 3Com NIC business. I'm betting on the former.

jas.
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