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Technology Stocks : Power Integrations (POWI)

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To: Jeff Bond who wrote (251)12/1/1999 8:31:00 PM
From: Mark[ox5]  Read Replies (1) of 449
 
Hey Jeff! Yes, I found the article actually while reading Conextant news. <CNXT> Have you ever looked over that co? Its richly valued (what isnt though! Ok, POWI isnt) but one of my favorites for the next 3-5 years .. I'd place it in the PMCS, RFMD, BRCM, GMST, DISH category.

P.S. Why is Q3 traditionally the strongest for POWI? Any idea?

I dont think the 100dma would be our guide, I think 50dma worst case would be. When I see these beautiful growth high tech stocks get shaked down to their 100 day moving average, I am all over it. POWI rarely touches the 100 ma, 2 or 3 times a year, and those are the gifts from the MMs.
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