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


To: NightOwl who wrote (1639)4/24/2003 6:23:00 PM
From: pompsander  Read Replies (1) | Respond to of 1712
 
Owl, I have to chuckle. I did a quick clickthrough through the financial websites on IRF subject and pickup up three or four headlines from different news services. They run from dark: "IRF Profit Falls in YOY Period", to upbeat: "IRF beats estimates" to giddy " IRF sees solid sales growth in June quarter". The numbers to me said, o.k. quarter, things getting better. Demand picking up, orders picking up. As I noted, this is the real news in the report, as so many companies are not giving this kind of more positive outlook.

IRF is the kind of company which can be a good indicator of production uptick trends, as they are engineered into a wide range of products....everything from chips to autos, to refrigirators to stealth bombers. (Don't need to build a lot of those next quarter).