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Technology Stocks : Power-One (PWER)

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To: D.Austin who wrote (266)	2/11/2001 7:35:34 AM
From: Capitalist	Read Replies (1) of 285

From a post I made back on Dec. 21: >>why they might be close to issuing an earnings warning or possibly lowering guidance at their next earnings report on Jan 24. 1) Artesyn (their major competitor) issued a warning, citing a slowdown mainly at Cisco (a major PWER customer) 2) Major insider selling...it has been pretty insignificant 3) Inventories building up...over twice as fast as sales 4) an increase in A/R, 144% increase vs a sales increase of 107%<< Message 15064166 Took an extra week or so after their earnings report before they fessed up and warned (lowered guidance). I hate to say I told you so...but I told you so :P Cap

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