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

To: Quan Nguyen who wrote (901)	1/24/1998 1:07:00 PM
From: John T. Hardee	Read Replies (1) \| Respond to of 1712

Quan,,I pulled out of FIBR at $6, in/out SCOP, in/out clmt, in IRF for the long term with the FIBR Money. There has been some big buys in IRF at 11 1/16 to 11 1/8 in the last few days. I saw 15 K buy at 11 1/8 and 18.9K at 11 1/16. IRF has its hands in everything. Its the best undervalued buy for now with a good potential. The stock peaks very fast, the MM shift the bid/ask like tossing dice. One can buy/sell or do what they want with the IRF MM and get the price asked for. On this stock, I would not put out a stop loss on IRF because this IRF MM will pick it up for sure. One thing I know about IRF, the MM wants the stock to go up, I am in at 11.