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

To: Toby Zidle who wrote (239)	11/22/1999 5:57:00 PM
From: Ron Kline	Respond to of 449

Since you don't know how low it will go, or if it will bounce back the better way to go is to leave it alone and don't get out. I know people like IBD say don't have any losses but it's garbage when you consider it's impossible to get in at exactly the right time, and it's expected that high beta stocks will consolidate and move around. POWI should do very well going into January, and that would tell you at that time whether your buy was smart or not. If you sell chances are you will not buy back even if it goes back up. When January comes around and you look back and say you should have stuck with it. Of course if it goes down you are happy. But chances are this is just manipulation to get the small guys out. Once they are ready they will come back in force IMO. In the meantime they want you to sell out because they know there is nothing wrong and they love buying on the cheap. I bought today and will hold if it goes to $80. I always get nervous when it happens but my experience has shown me to stick it out for months instead of weeks to find out if I'm right or wrong. Others may not agree and I don't take task with them since everyone needs to set their own rules. Ron

To: Toby Zidle who wrote (239)	11/22/1999 6:49:00 PM
From: Mark[ox5]	Read Replies (1) \| Respond to of 449

No, it has support at $101 and $90 50 day MA = $90 100 day MA = $80 Don't despair, I bought at $103, and like I said a few posts ago, waiting for he 50 day moving average. I DOUBT it would fall below that but crazier things are happening in this market. The internet mania is back, with things shooting off 30-40 pts a day. Sucks that POWI is not known because with a split announcement you would think it would go up. The volume on a daily basis shows no one knows about this stock.. I think its a great secondary play on wireless, as opposed to the richly valued RFMD's etc of the world. I will add at $91 area and if necessary $81 :) This stock is undervalued in this market, and I dont say that lightly.. there is not much out there that I consider "undervalued". Most is "overvalued" in my eyes. Good luck.

To: Toby Zidle who wrote (239)	11/22/1999 6:53:00 PM
From: Mark[ox5]	Read Replies (1) \| Respond to of 449

Toby, P.S. please understand the difference between a sell off on high volume vs low volume Thursday 133K Friday 166K Today 243K (as I am sure some people playing it for the split left when there was no upwards pop) If I was a sell off on 3 or 4x average volume (say in the 500-700K share range) I would be concerned. What you see now is MMs taking back some of the large year to date returns as the momentum players chase the 10-15 stocks making new highs daily. I wont advise you on when to sell or buy, that is up to you and your portfolio.. and if you have a strict discipline to sell at 10% loss than you should follow it.. but my take of this is POWI will bounce off $90 (or $45 post split) But thats just one opinion.