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                               UNITED STATES
                    SECURITIES AND EXCHANGE COMMISSION
                          Washington, D.C.  20549
                                     
                                     
                               SCHEDULE 13G
                                     
                                     
                 Under the Securities Exchange Act of 1934
                           (Amendment No. 7)*
                                     
                  American Power Conversion Corporation
                             (Name of Issuer)
                                     
                  Common Stock, $.01 par value per share
                      (Title of Class of Securities)
                                     
                               029066 10 7
                              (CUSIP Number)


     Check  the  following  box  if a fee  is  being  paid  with  this
     statement [ ].   (A fee is not required only if the filing  person:
     (1)  has  a  previous  statement  on  file  reporting  beneficial
     ownership  of  more than five percent of the class of  securities
     described  in  Item 1; and (2) has filed no amendment  subsequent
     thereto reporting beneficial ownership of five percent or less of
     such class.)  (See Rule 13d-7).
     
     *The  remainder  of this cover page shall be  filled  out  for  a
     reporting  person's initial filing on this form with  respect  to
     the subject class of securities, and for any subsequent amendment
     containing information which would alter the disclosures provided
     in a prior cover page.
     
     The  information  required in the remainder of  this  cover  page
     shall  not be deemed to be "filed" for the purpose of Section  18
     of  the  Securities  Exchange Act of 1934  ("Act")  or  otherwise
     subject  to the liabilities of that section of the Act but  shall
     be  subject to all other provisions of the Act (however, see  the
     Notes).

                             PAGE 1 OF 5
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CUSIP NO. 029066 10 7            13G

1  NAME OF REPORTING PERSON
   S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

   Neil E. Rasmussen
   ###-##-####
   
   
2  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
                                                  (a) [ ]
                                                  (b) [ ]
   
3  SEC USE ONLY
   
4  CITIZENSHIP OR PLACE OF ORGANIZATION
   
   United States
   
             5  SOLE VOTING POWER
                
                5,535,505
 NUMBER OF
  SHARES     6  SHARED VOTING POWER
BENEFICIALLY
                -0-
 OWNED BY
   EACH      7  SOLE DISPOSITIVE POWER
 REPORTING      
  PERSON        5,235,084

   WITH      8  SHARED DISPOSITIVE POWER
                
                300,421

9  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
   5,535,505
   
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [X]
 
   See Item 4
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
 
   5.94%
   
12 TYPE OF REPORTING PERSON *
 
   IN
   
                                     
                   *SEE INSTRUCTIONS BEFORE FILLING OUT!

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Item 1(a).     Name of Issuer:  American Power Conversion Corporation.

Item 1(b).     Address of Issuer's Principal Executive Offices:
               P.O. Box 278, 132 Fairgrounds Road, West Kingston,
                Rhode Island  02892.

Item 2(a).     Name of Person Filing:  Neil E. Rasmussen

Item 2(b).     Address of Principal Business Office or, if None, Residence:
               The address of the principal business office of Mr.
               Rasmussen is:  755 Middlesex Turnpike, Billerica, MA 01821.

Item 2(c).     Citizenship:  Mr. Rasmussen is a United States citizen.

Item 2(d).     Title of Class of Securities:  Common Stock, $.01
                par value per share.

Item 2(e).     CUSIP Number:  029066-10-7

Item 3.   If this statement is filed pursuant to Rule 13d-1(b),
          or 13d-2(b), check whether the person filing is a:

                    (a) [     ]    Broker or Dealer registered
                    under Section 15 of the Securities Exchange
                    Act of 1934 (the "Act").

                    (b) [     ]    Bank as defined in
                    Section 3(a)(6) of the Act.

                    (c) [     ]    Insurance Company as defined
                    in Section 3(a)(19) of the Act.

                    (d) [     ]    Investment Company registered
                    under Section 8 of the Investment Company Act
                    of 1940.

                    (e) [     ]    Investment Advisor registered
                    under Section 203 of the Investment Advisers
                    Act of 1940.

                    (f) [     ]    Employee Benefit Plan, Pension
                    Fund which is subject to the provisions of
                    the Employee Retirement Income Security Act
                    of 1974 or Endowment Fund; see
                    Rule 13d-1(b)(1)(ii)(F) of the Act.

                    (g) [     ]    Parent Holding Company, in
                    accordance with Rule 13d-1(b)(ii)(G) of the
                    Act.

                    (h) [     ]    Group, in accordance with
                    Rule 13d-1(b)(1)(ii)(H) of the Act.

                       Not Applicable.

Item 4.        Ownership.

           (a) Amount Beneficially Owned:  Mr. Rasmussen may be
               deemed to own beneficially 5,535,505 shares of
               Common Stock as of December 31, 1995, which
               includes 300,421 shares currently allocated to him
               under the Company's Employee Stock Ownership Plan
               ("ESOP").  In addition, Mr. Rasmussen is a co-
               trustee of the ESOP, and as such may be deemed to
               be the beneficial owner of the 4,179,320 shares
               currently held by the ESOP.  Mr. Rasmussen
               disclaims beneficial ownership to those 4,179,320
               shares other than the 300,421 shares allocated to
               him.*
          
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           (b) Percent of Class:  5.94% (based on the 93,177,965
               shares of Common Stock reported to be outstanding
               on November 7, 1995 in the Quarterly Report on Form
               10-Q of American Power Conversion Corporation for
               the quarter ended September 30, 1995.

          (c)  Number of shares as to which such person has:

               (i)  sole power to vote or to direct the vote:
                    5,535,505 shares

               (ii) shared power to vote or to direct the vote:
                    0 shares

               (iii) sole power to dispose or direct the
                     disposition of:
                     5,235,084 shares

               (iv) shared power to dispose or to direct the
                    disposition of:
                    300,421

     *  Information as to ESOP numbers contained herein do not
reflect final adjustments or allocations for fiscal year ended
1995.

Item 5.   Ownership of Five Percent or Less of a Class.

          Not Applicable.

Item 6.   Ownership of More than Five Percent on Behalf of
          Another Person.

          Not Applicable.

Item 7.   Identification and Classification of the Subsidiary
          which Acquired the Security Being Reported on by the
          Parent Holding Company.

          Not Applicable.

Item 8.   Identification and Classification of Members of the
          Group.

          Not applicable.

Item 9.   Notice of Dissolution of Group.

          Not Applicable.

Item 10.  Certification.

          Not Applicable.  This statement on Schedule 13G is not
          filed pursuant to Rule 13d-1(b).

                           PAGE 4 OF 5
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                           SIGNATURES


     After reasonable inquiry and to the best of my knowledge and
belief, I certify that the information set forth in this
statement is true, complete and correct.

Date:     February 13, 1996



                                    /s/ Neil E. Rasmussen
                                   ______________________________
                                   Neil E. Rasmussen



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