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

To: Paul Moerman who wrote (2107)	3/12/1999 5:10:00 PM
From: The Ox	Read Replies (1) \| Respond to of 2574

Tech sentiment is turning negative. Analysts are looking for anything to justify selling, especially with the high P/Es associated with the major indexes. With respect to APCC, we are seeing what the power of one person's voice can do. You either take advantage of the "buying opportunity", sit and wait, or sell and move on. I have decided to take advantage of the buying opp. The market analysts are telling us that PC growth will slow. They are telling us that there is trouble ahead in the industry. What they are NOT telling us is that the company guidance for APCC has NOT changed. I am a little surprised that another analyst who covers the stock hasn't stepped up and come out with a comment. Even a reiteration of an analyst's position could help change the sentiment. I don't mind the stock dropping, since it allows me to add more at what I consider a discounted price. Best of luck, Michael