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Technology Stocks : Power Integrations (POWI) -- Ignore unavailable to you. Want to Upgrade?


To: Sally Gallagher who wrote (15)2/18/1998 9:01:00 AM
From: Darth Vader  Respond to of 449
 
The agreement with the Japanese fabs offers POWI some upside in the foreign exchange if the $/yen rate is above a certain level, which currently I believe is around 120.

In other words, if the yen tanks POWI's silicon costs fall whereas if the yen strengthen beyond 120 the company is not adversely affected.