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

To: Whys1 who wrote (385)	4/6/2000 1:10:00 PM
From: Whys1	Read Replies (1) \| Respond to of 449

We're headed the wrong way today in an up market. Usually this stock will respond with the market ... bad news on the way, or shaking out the rest of the weak hands???? Ideas, news, anyone? Whys1

To: Whys1 who wrote (385)	4/6/2000 3:42:00 PM
From: Toby Zidle	Read Replies (2) \| Respond to of 449

Interesting analogy you make of POWI to CPQ. Might be very apropos. CPQ was in the dumps for months before reviving. It took 9 months to close the gap from $32 to $23.Add to this that CPQ this week is still trading at roughly half the price of CPQ's 1/99 high. CPQ was a stock that tried the patience. Most longs gave up with a loss. Only the bottom-fishing 'value' buyers made a profit. POWI's drop was even worse. $49 to $29 and through today losing $10 more in the process. CPQ's Low was $18 1/4; POWI's Low is $18 1/4. Five months later CPQ is up $11. If POWI gains $11 in the next five months, it gets back only to where it traded on the day of the big gap. What is most disturbing is that when the market recovered strongly in the last two days, POWI's direction is down. I think when we talk about either CPQ or POWI, we're now talking about broken angels.