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

To: Sword who wrote (264)	12/7/1999 3:39:00 AM
From: Jeff Bond	Read Replies (1) \| Respond to of 449

Understand MOT recently committed to TinySwitch in several new products. NOK also uses POWI stuff; when NOK announcemes sales are expected to rise at least 40% next year, and accellerate going forward, POWI will in turn be selling 40% more to NOK. I'm sure some have done the math ... uhhh :o) Spoke with company representative today (they use a PR firm to handle Investor Relations). Sharp, well spoken, and knowledgeable in the details, nothing I heard was a concern. I thought some cancelled contracts with MOT thought might pose a problem, but this is simply a pat of a natural long-term migration to TinySwitch. Good seeing you G, I figured it would be only a matter of time before I caught you wandering around this neck of the woods. Having the foresight to gobble up as much as I could at $40 1/2 last week is good enough. Now, an unexpected visit from Sword with a buy target of $52 to $60, I can't help but think I just died and went to Heaven. You are TOO nice to me, yabba dabba doo :o) It is not to difficult to see POWI being a much bigger company 5 years from now. Assuming realistic earnings growth figures, and playing with PE figures ranging from 30 up to 60 (depending on how generous investors feel 5 years from now), POWI can be anywhere from a $10B up to a $20B company. I've done some math Sword, an investor could stock up on POWI now, fall asleep for 5 years, then wake to discover his investment has grown anywhere from %900 to %1500. Sick to think some stocks now do that in a year, but where I come from these numbers are nothing to get all fussy over. Diversification? Hehe, I think diversification is an excuse to mask the fact an investor is unsure of his research. Right now I am 100% POWI, nothing else, nada; actually I am more than 100%, because I maxed out my margin account when the price fell to the ridiculously low price of $40 1/2. My son who is 9 now bought 1 share of POWI at $40 1/2 (actually he bummed one of my shares off me :o), and he obviously finally figured things out today, because he said in 1 week he has made as much with POWI as he does with 6 weeks allowance. He wanted to give up his chores and forgo his allowance. LOL, I sent him upstairs to clean his room. He obviously gets it, but only partly, because he came downstairs a little later with two $20 and two quarters in his hand (that would be the extent of his net worth ) and said he wanted to buy 1 more share from me for $40 1/2. HAHA, I shut him down, and told him if he wanted another share he was going to have to buy it at market. He said no, that he was going to wait and buy on the next dip ... like I said, he obviously only partly gets it :o) Regards, JB P.S. POWI is in space huh, cool!!!