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

To: Jeff Bond who wrote (253)	12/1/1999 8:40:00 PM
From: Mark[ox5]	Read Replies (1) \| Respond to of 449

Hey Jeff, the options are doing well. Well I have bought in 3 lots, the first at $103 ($51.50) so those are down of course.. those were for the split run. No one notified me that POWI would be running down :) Then I watched for the 50 dma and waited with my buy orders at $45.. I didnt think POWI would cruise past it.. but hey if I am going to get a blue light special, I am going to take it, so I loaded up yesteday at $40.50 (unfortunately free cash flow sucks at the moment.. in too many other stocks) So i couldnt buy as much as I like, but hey such is life. So I have 3 lots, the $51.50, the $45, and the $40.50.. the first and last lot are balancing each other out (one big gain, one big loss) and the $45 order is even. So I am very even .. but that is with POWI at $45, the real benefits accrue in about 2 months back north of $60 :) I have til April, no rush. Yes it was a great day, 2 of 3 biggest holdings rocked. POWI and GALT. You should take a quick look at GALT, been in there for about 5 weeks and finally it has broken out. Talk about a broken chart. I was despairing much more about my position there, than in POWI, but over the years you learn to hold when everything seems the worse, and sell when everyone thinks the stock should go up $100 next month and there is unbridled enthusiasm :) Anyways, looks like there are about 3-4 guys here, and over on Yahoo board about 5 guys.. thats it. Such an undiscovered stock. Anyhow, take a look at GALT, another "value" play and if it holds $24.50 the next few days should have a nice run. I am targeting $40 by spring, Needham has a target of $57 I believe (12 month) P.S. If we hold $45 for a day or two, than we are already above the 50dma and it becomes support too.. i thought we would have a tough time breaking through it, because once you break a long term support line it sometimes becomes a b$#!@ to get back above it. Here is to sitting at $45 for a day or two, before the next run ;)