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


To: DanZ who wrote (897)1/17/1998 7:37:00 PM
From: Quan Nguyen  Read Replies (2) | Respond to of 1712
 
Dan, IRF December quarter 97 is net income $6.7 million ($0.13 per share) from $3.4 million ($0.07 per share) in the year-ago quarter. Revenue increased year-to-year by 23 percent to $144.6 million from $118 million. Last quarter was $6.1 million ($0.12 per share) from $3.1 million ($0.06 per share)in the year ago.
This company is growing and making money year by year with that earning I think this stock at least 15 to 17, many brokers cut all electronics and chip makers they are concern about asian weakness.
I believe IRF will be high teen before summer, I saw NB Montgomery
Friday on YAhoo at 3:45 some guy sold before market closed.
What do Montgomery expects IRF profit compare to many company or ATML
with big loss end DECEMBER 97 because the holidays and slow season.
IRF is low margin, income is stable and check this one.

" Better-than-expected demand in Europe was tempered by challenging business conditions in Asia. Overall orders increased by 5 percent from the preceding quarter and doubled from the prior-year period. "

What I know if the stock is poor, the insider and big guy will
unload before market opened on last friday after the earning came out on Thursday. Here is A conference call for investors 800/633-8284. refer to reservation No. 364-3380 when you call to hear the recording. Who wants to buy or who wants to sell please raise your hand.

Best
Quan Nguyen