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Technology Stocks : American Power Conversion
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To: Turs who wrote (2181)4/27/1999 12:21:00 AM
From: gizelle otero  Read Replies (1) of 2574
 
Oh, no, I'm still in all the way .. very nice to be in the money and well in the black with 5 months to expiration. I'm looking for at least a triple on this, and I expect to see it possibly prior to the shareholders' meeting .. analyst upgrades, upward revision on earnings going forward and prospect of common trading in mid-forties prior to shareholders meeting would certainly be an incentive for the split to be approved .. would be a very tempting opportunity to take some profits and go into the common for the longer term. Technicals are very bullish and at last are confirming the strong funfamentals in this issue, just crossing the MACD line and two consecutive gaps on the upside. I do expect a modest pullback in the interim, but not enough for me to pull the plug.
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