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Technology Stocks : Power Integrations (POWI) -- Ignore unavailable to you. Want to Upgrade?


To: dav who wrote (228)7/23/1999 1:57:00 PM
From: geoffrey Wren  Read Replies (1) | Respond to of 449
 
No, it's not headed to 20. The price will firm up here, somewhat volatile around the 50 mark. The company has good products and a good growth rate. The price got ahead of where it should have been, that's all. The momentum traders moved in and are now moving out. I am sure there are many disappointed employees today, like me, a disappointed investor, but POWI will be back.

Geoff Wren