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

To: The Ox who wrote (2141)	4/7/1999 4:56:00 PM
From: Bob Walsh	Read Replies (1) \| Respond to of 2574

Two thoughts on topics recently discussed: Inventory - while a big deal that caused problems a few years ago, realize that with increasing production occurring overseas, inventory is bound to increase somewhat over prior desirable levels as several weeks worth are now "at sea." Still keep an eye on it, but put it in context. Insider selling - occasionally, folks with shares, especially lots of them, like to diversify. Also, for APCC corporate holders, they get favorable capital gains treatment in RI in a deal that was done a few years ago to keep them here. Essentially, I believe that they only pay the federal rate with no state tax on top. I believe the stock is a good buy at these below $30 levels, at least until something proves me wrong (I also though it was way overpriced at $55, but I never short stocks)