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

To: jhg_in_kc who wrote (239)	10/18/2000 6:16:17 PM
From: visionthing	Respond to of 285

Power-One files shelf for $850 mln in debt, equity Reuters Company News - October 18, 2000 17:48 Copyright 2000 Reuters Limited. All rights reserved. Republication or redistribution of Reuters content is expressly prohibited without the prior written consent of Reuters. Reuters shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon. WASHINGTON, Oct 18 (Reuters) - Power conversion maker Power-One Inc. on Wednesday filed with the Securities and Exchange Commission to sell periodically up to $850 million in common and preferred stock, and debt securities. The company plans to use the proceeds from the shelf offering for debt repayment and general corporate purposes, including possible acquisitions and investments, it said in a filing made with the SEC. Shares of the Camarillo, Calif.-based firm closed down $4 to $70 on Nasdaq. They have a 52-week high of $89-13/16 and a low of $4-7/8.

To: jhg_in_kc who wrote (239)	10/22/2000 3:37:49 AM
From: Walkingshadow	Respond to of 285

jhg, Don't know where this story came from, but as yet I have seen no news that PWER was actually added. As you know, the prerequisite for addition was the finalization of the UCM/PECO Energy merger to form EXC, which would then free up the spot for PWER. This merger finalized after the close on Friday: biz.yahoo.com So, evidently institutional buying of PWER can now begin. Don't know how much of this might have taken place after the close on Friday. Also, presumably some will take place pre-market on Monday via the ECNs. Still, I'd guess a substantial portion will occur during the regular session. I'd say PWER will gap up some on Monday, and will likely have a good day on strong volume. But, earnings are 10/25, either before the open or during the session, with a conference call scheduled for 11:00 am EST. Here's the link: vcall.com. My guess is that PWER will announce earnings at the time of the call, which would be 8:00 am PDT, and they are based in Camarillo, California. If they continue to ramp going into earnings, then a selloff on the news becomes an increasingly likely possibility. I've still got a long position (Nov 65s), but looking to close that at the first indication of a selloff, possibly even before earnings if it ramps sharply. Might even take up a temporary (1 or 2 days at most) short position via puts just after earnings if a selloff ensues, then go long again via calls, since a selloff is not likely to be long lived IMHO. I'll be watching to see if this scenario takes shape. Should be an interesting week....... WS

To: jhg_in_kc who wrote (239)	10/23/2000 1:03:32 PM
From: stock bull	Read Replies (1) \| Respond to of 285

Jhg & All, here's somethings that you may want to keep your eye on with respect to this quarter's earnings: Revenue constrained by material shortages and production capacity. Margins lower due to increased material costs and fall-off in production efficiencies. Potential upside in revenue. Will achieve the eps forecast. However, may not be as high as some expect due to increased costs of expediting materials and lower manufacturing efficiencies. Well, it's time for the earnings report, so we will see how this plays out. The above is IMO, so don't act on this information without doing your own research. Stock Bull PS: The above information can be confirmed by viewing reports on the Stephens web-site.