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Technology Stocks : Power Integrations (POWI)
POWI 33.51+0.9%Nov 25 3:59 PM EST

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To: dav who wrote (228)7/23/1999 1:57:00 PM
From: geoffrey Wren  Read Replies (1) of 449
 
No, it's not headed to 20. The price will firm up here, somewhat volatile around the 50 mark. The company has good products and a good growth rate. The price got ahead of where it should have been, that's all. The momentum traders moved in and are now moving out. I am sure there are many disappointed employees today, like me, a disappointed investor, but POWI will be back.

Geoff Wren
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