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Technology Stocks : Power Integrations (POWI)
POWI 36.51-0.2%Dec 5 9:30 AM EST

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To: Jim Fraser who wrote (141)11/18/1998 7:58:00 PM
From: Pete   of 449
 
Jim, if I had more than 200% gain, I would take it too. Unfortuanately I got in about the mid teens and is still riding it.
Today we made a new intra day high with lower volume than the last few days. Looks like we are losing steam. I like the
fact that it is moving north but going too fast is not good for a stock. We really want a slow and steady solid slope.
I don't want it to get ahead of itself. You are right about the risk but with other good stocks at their all time high
, the risk is about the same. I would feel more comfortable if they at least prove themselves to me for 2 quarters. The
next quarter is very important to them. It will show if this is a single spike or a growth company. I know that a good portion
of sales is to taiwan and lately the news is that they slowed their pc related orders. This is my biggest concern. I
guess the risk is alway there even though you can see it or not.

Pete
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