International Rectifier (IRF) Message Board

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Technology Stocks : International Rectifier (IRF)

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To: Dale Baker who wrote (1470)	4/22/2000 9:56:00 AM
From: John Miz	Read Replies (1) of 1712

And regarding the price drop Thursday...I would guess that some short positions were taken up during the huge run-up Wednesday... If short interest has increased, it could provide a cushion for the stock if it gets hit in another overall tech correction. But business looks extremely good...Even the seasnally slow summer qtr should be good because of the strong demand for their products. The current Qtr. (June) is again 80% booked, which should imply an above average three months for July thru September...Management even stated as much in the conference call. Now to just be patient and hold tight... A company that's been around for decades, with real earnings, and an almost insatiable demand for their products. What a novel concept. PS> Installing a new hard drive in my computer today...If I screw it up...may not be back on line for a long time... John

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