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Technology Stocks : Power-One (PWER) -- Ignore unavailable to you. Want to Upgrade?

To: uthabros who wrote (50)	6/22/2000 2:02:00 AM
From: Slugger	Respond to of 285

What price will you buy back in? I'm not sure. My guess is this is a blow out top. We've had a lot of press in the last two weeks, analysts sounding very bullish, and stock price is going through the roof. What is the upside from here? We are at 88 times this years earnings estimates and 57 times 2001 with earnings expected to grow at a 53% clip. A 60 PE on this years estimated earnings might be more appropriate and that would put the stock value in the 65-70 range. I'm sitting and waiting for now. If I get back in it will only be for a quick trade. Any other opinions?