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


To: DanZ who wrote (1014)6/6/1998 2:23:00 PM
From: marvin litman  Read Replies (2) | Respond to of 1712
 
Dan,

I can completely understand your reasoning. Many analists follow
Irf but only a few enter first call figures. What he is saying
is that regardless of book value when they are punishing a stock
there can be no bottom. God forbid it could get there and he did
not say or imply in any way what so ever that it would. But pre
split, that is where it started to more or less rise from.(It was
given to me at 3.00 then went to 25 and down to 12 or so and thats
when I first bought)
He hasn't spoken to to company for a little while but knows that
they are not doing well at present. Witness the price of the stock.

What I can tell you is that he is always one of the analists
on the conference calls.

Again, there not hot now but there is always next quarter. I
do know other people with big positions..(100 thousand shares)
that are buying more.

One problem that I totally agree with is the general disinterest
in the stock and that some one is dumping.

Enjoy your comments.

MARVIN