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Technology Stocks : International Rectifier (IRF) -- Ignore unavailable to you. Want to Upgrade?


To: SPSEIFERT who wrote (1602)6/27/2002 2:23:22 PM
From: pompsander  Read Replies (1) | Respond to of 1712
 
I am still puzzled by this amazing move. I have never seen a sock go from its 52 week high to its 52 week low in two days......and we are talking about a 50% move on, what, one analyst downgrade which was not very tough or specific. The company quickly indicated the current quarter was on track, and no positive response from the market. I keep waiting for the other shoe to drop and it hasn't.

What justified taking away 1/2 a company's market cap?



To: SPSEIFERT who wrote (1602)6/28/2002 8:29:07 AM
From: capt rocky 1  Respond to of 1712
 
irf according to waterhouse:pe= -125.5 earnings/shr= -.22