SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Power Integrations (POWI)
POWI 41.51+1.7%Jan 9 9:30 AM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Michael F. Schnittker who wrote (7)1/25/1998 5:01:00 PM
From: Clam Clam  Read Replies (2) of 449
 
POWI indicated in the conference call that it did not want analysts to raise their estimates. POWI is trying to keep the bar low so that it will be sure it beats estimates. They blew out the estimate so huge that not raising estimates seems ridiculous. However, there are always volatile bookings (order) trends which can keep you worried. I view the stock action as rational and I still consider this stock a good buy ON WEAKNESS. I don't see a lot of downside in the share price but I hope it performs consistently each quarter. 20-25% appreciation per quarter is fine by me. This is a $15 stock in 3-6 months and a $20 stock in a year. I would back up the truck if it drops back to $10ish or below. Deciding how much weakness it needs to become a great buy is anybody's guess.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext