Power Integrations (POWI) Message Board

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Technology Stocks : Power Integrations (POWI)

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To: Toby Zidle who wrote (239)	11/22/1999 6:49:00 PM
From: Mark[ox5]	Read Replies (1) of 449

No, it has support at $101 and $90 50 day MA = $90 100 day MA = $80 Don't despair, I bought at $103, and like I said a few posts ago, waiting for he 50 day moving average. I DOUBT it would fall below that but crazier things are happening in this market. The internet mania is back, with things shooting off 30-40 pts a day. Sucks that POWI is not known because with a split announcement you would think it would go up. The volume on a daily basis shows no one knows about this stock.. I think its a great secondary play on wireless, as opposed to the richly valued RFMD's etc of the world. I will add at $91 area and if necessary $81 :) This stock is undervalued in this market, and I dont say that lightly.. there is not much out there that I consider "undervalued". Most is "overvalued" in my eyes. Good luck.

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