stock re-opens in about twenty minutes - let's see who is right on this
I like PWER but guidance is somewhat disappointing. Commentary is cautious to say the least:
from earnings pr:
For the first quarter of 2011, Power-One forecasts revenue of $260 million to $290 million, indicating 80% growth at the midpoint of the forecast versus the prior year period. First quarter revenue is expected to be impacted by seasonality, heightened by inclement weather in Europe and a reduction in feed-in-tariffs across multiple markets, as well as excess inverter inventory in the channel. Based on current market demand and expectations of further feed-in-tariff reductions, coupled with expected contributions from the US and China, primarily in the second half of the year, Power-One anticipates generating revenue between $1.1 billion and $1.3 billion for the full year 2011.
STOP posting crap on the board.. No such thing about cautious.. Beautiful numbers and ITALY and rest of government are pushing for SOLAR over mid east oil... Germany is the model.. like their cars... Re: guidance below estimates - very cautious commentary