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

To: douglas hurd who wrote (1910)	1/4/1998 8:14:00 AM
From: Phillip Crone	Read Replies (1) \| Respond to of 2574

Douglas, I am a trader and not an investor so that is where many of my comments come from. Two things about APCC, it has always been treated in the past as a battery company and not a high flying tech company, so relative to it's competitors, or who is left of them a 20 x's earnings can be considered pricey, historically. If I were a "true" investor, I wouldn't be worrying about whether APCC is going to drop back down to the 13's. Because I love to trade, I want APCC to come down to "my" fair value so that I can make another killing. If APCC does come down to those levels over the next few months I am considering purchasing some stock for my little girls as a long term investment. Then many of you will see me talking a little bit more long term about the company. Until then, the Asian flu is spreading and heading to APCC in the coming months. Make sure you all get your shots.