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Technology Stocks : American Power Conversion -- Ignore unavailable to you. Want to Upgrade?

To: lavalamp who wrote (1829)	11/4/1997 10:21:00 PM
From: trilobyte	Read Replies (2) \| Respond to of 2574

Lavalamp sounds better than dogface! But what is a lavalamp? I am bullish on APCC and would respond to your concern in the following manner. Last year, APCC had a tremendous run from 10 to 30 in 6 months. In such cases, the "structure" is unstable! There are a lot of momentum players like torti who are there for a quick buck and ready to bail at any sign and cost. I do not believe the situation is the same now. We've had 3 convincing Q's of solid growth and the share price is still at about the same price as last January. Except that now, the p.e. is 22-25 instead of 30-35! If APCC reaches 35-40$ soon, start worry. But for now, sleep peacefully! of course, the share price will behave in a totally irrational way and this post will soon be worth 2cts. Trilobyte