SI
SI
discoversearch

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 -- Ignore unavailable to you. Want to Upgrade?


To: David W. Taylor who wrote (2447)1/23/2001 9:01:36 AM
From: JakeStraw  Read Replies (1) | Respond to of 2574
 
USDataCenters Implements American Power Conversion's Silcon Solution to Provide Industry-leading Data Center Power biz.yahoo.com



To: David W. Taylor who wrote (2447)2/25/2002 1:44:05 PM
From: David W. Taylor  Read Replies (3) | Respond to of 2574
 
Responding to my own post of just over a year ago...

On 1/22/2001: "As I said last week, I was out at $16, which has been briefly exceeded. My guess is that we have bit a dip coming as people realize that APCC will not be able to supply all of this demand."

Well the dip came. Within a month of this post, the stock was at $12. We are now at $13 a year later and I see no prospect of any improvement.

This is a great company, run well, in a good position in its industry and it seems to channel between $12 and $18.

There's only one problem: with the high tech industry in such a slump, we could be about to break out of the channel here on the downside.