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Technology Stocks : Power-One (PWER)

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To: Dennis who wrote (57)6/24/2000 9:23:00 AM
From: James Hutton  Read Replies (2) of 285
 
I saw WSW's interview with Richard Dreihaus (sp?). Barron's also interviewed him several months ago. He's got a pretty good track record and is basically a momentum investor. I have no position in PWER but have been doing dd. Dreihaus pumped PWER hard and my guess is that this will add a good 10 points at the open on Monday. If you're long, I'd hold. However, keep in mind that Dreihaus also said he is a nimble trader, so watch out for the pump and dump. If you're out, like I am, I wouldn't buy at the open, but would look for any pull back. Based on what I've seen so far, PWER has a good outlook.

Good luck.
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