International Rectifier Corp (IRF)

A semi-conductor company. In a transition phase. Used to make mostly commodity products but is now going proprietary which are all about power management in PC's, home appliances, flourescent lighting, etc. Looking to increase margins to 50% and the market hasn't accepted this yet.

(Was a top pick on Mar 23 up 6.7%) Still likes. Has been volatile. But thinks it has bottomed out.

Good long term. Great patent holdings. Good value.

Have started buying as they are starting to see some value.

There are better companies.

Sector is small, but growing rapidly. Stock is very cheap now.