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


To: Greg Higgins who wrote (1844)11/13/1997 9:20:00 AM
From: TobaccoMan  Read Replies (1) | Respond to of 2574
 
Greg writes:

"This is such a fallacy. This stock has no upward end of year bias."

Sorry I was not specific enough. APCC's Q 3 & 4 have always been historically stronger than 1 & 2, thus towards the end of the year, for the past five years, the stock price has had positive movement. Sometimes the move did not take place until Jan/Feb. (Sideways movement in 94, move up 95 and downtrend end 95, up 1st 96). Using Q3/4 history, one might look for upward price movement in the next months, given the market doesn't tank. I don't believe this is ignoring history.