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I thought the Second Generation Products have already been introduced a while ago. The market had reacted by sending the stock all the way to 25, from 16 in a matter of weeks. It went up 5 points in few days. The CEO said, during the last shareholders meeting that the new products will start impacting earnings sometimes this coming summer. The issue now is when will the new products start shipping in mass, instead of just few to selected clients. If they are to impact earnings this summer, then an announcement about their full fledged shipment should be imminenent by now. The stock would react violantly in favor when this happens. Didn't the analyst who upgraded VICR in 95, when the stock was at 30 (pre-split of course), didn't he say that Vicor should, in 1997, replay its bullish ascent of 1991 when it went from 10 to 90 in one year (or something like that). Clearly, people are relieved after seeing the last earnings as the stock did not succomb to the carnage at NASDAQ on Friday as it did, by going
13 two weeks ago. Ghassan. |
