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Technology Stocks : Power Integrations (POWI)
POWI 36.19+0.2%3:59 PM EST

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To: Mark[ox5] who wrote (260)12/2/1999 7:02:00 PM
From: Jeff Bond  Read Replies (1) of 449
 
Talking to yourself huh?

Hehe, some things never change, check out post 57 on the POWI thread which I made July 2, 1998:

Here's the meat of it:

>>I feel like a little league coach : "Let's hear a little chatter"!
>>$16 in 6 months ... hmmm? Sounds good to me guys :o)

Iz koo, I was talking to myself a year and a half ago about POWI, looks like it's your turn :o)

You know a guy can get rich buying POWI, and just stuffing it in a safe place, at least rumor has it they can!!! Don't tell anyone though, ok??

20% in 2 days is not shabby, but it undermines the belief I have in this company if I sell now. Nah, when it continues to fly, and even as it goes through an inevitable downturn at some point in the future (whence I will gladly add MORE at the bottom), I am long POWI.

Traders gotta be loving it, but the beauty is that despite whatever effect they may have on the stock price, the long-term net effect is simple ... buy POWI ... hold ... get rich. I've seen this before, and I'm very fortunate, because right now I'm seeing it again.

Way to go Mark, nice investment, did those Jan 27.50 puts go up at all today? :o)

Regards, JB

P.S. Sheesh, another gap, darn :o(
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