Re: [CANSLIM] [CAN SLIM] POWI (Power Integrations Inc) [Elec Products - Misc.]

From: "Tom Worley" <stkguru@netside.net>
Subject: Re: [CANSLIM] [CAN SLIM] POWI (Power Integrations Inc) [Elec Products - Misc.]
Date: Sat, 14 Nov 1998 08:43:32 -0500

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GRS now up to 40 (Elec Products - Misc). With a float of only 4.8 mil,
an ADV of 474,000 doesn't sound right. I suspect there have been sales
from early stage investors. I note that altho two thirds of the issue
is "off the market", management only owns 29%, so there is a
substantial block held by non insiders. Could be a venture capital
fund, could be high net worth investors that did bridge financing.
Either way, I suspect a larger actual float.

Otherwise, looks interesting.

Tom W

- -----Original Message-----
From: James H. Coburn <cando@highfiber.com>
To: canslim@lists.xmission.com <canslim@lists.xmission.com>
Cc: James H. Coburn <cando@highfiber.com>
Date: Saturday, November 14, 1998 2:58 AM
Subject: [CANSLIM] [CAN SLIM] POWI (Power Integrations Inc) [Elec
Products - Misc.]


Has anyone been "watching" or already into POWI?

C:    999%, 288%, 45%, 120%
A:    n/a (in DG, DGO)
N:    new high, new product (TinySwitch, a chip that stops 90% of
energy
loss in lower-power
            devices (vacuums, cell phones, appliances).  See IBD
10/23/98,
New America).

S:    12 million outstanding,  4.8 float.
L:     EPS = 73  (a bit weak here)
I:      18% funds  (down from Sept (24%), up (slightly) from Oct.
(17%)).
M:    generally up

Besides not having a 5 year growth record, another mark on the
negative side
of POWI is its
group strength at 22, it's well back in the pack.  However, sometimes
there
are leaders and
stronger co's in a weak group.

On the plus side, the relative strength has been moving up strongly
since
mid-Oct. and the price increases have been up on STRONG volume the
last 3-4
weeks.

Comments?

James Coburn
Albuq., NM


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