Intl. Rectifier - unterbewerteter Chipspezialist - 500 Beiträge pro Seite

[value-trader]

Hallo,

macht euch doch einmal schlau über IRF (Produzent von Thermo-Chips)! ich bin auch vor kurzem drauf gestoßen und denke ein Schnäppchen mit sehr guten Zukunftsperspektiven gefunden zu haben. Thermo-Chips werden eingesetzt, um den Stromverbrauch bei mobilen Geräten (Handys...) zu reduzieren.
Absoluter Wachstumsmarkt, wobei IRF momentan noch moderat bewertet ist und starkes Wachstumspotential hat. Zudem sieht der Chart sehr vielversprechend aus.

macht euch euer eigenes bild!

Gruß
value-trader

[Crestfallen]

Aha, nun immerhin schon drei IRF-Investoren bei WO! Ich hab auch schon mal versucht einen Thread
über IRF anzuleiern, hat aber nicht so geklappt. Value-trader, vielleicht hast Du ja mehr Glück als ich!


Anbei kopier ich nochmal was aus meinem Thread rein, was das Potential von IRF meines Erachtens
ganz gut verdeutlicht.


Semiconductor Manufacturer with Temecula, Calif., Reports Strong Year
Mon Jul 31 12:14:00 EDT 2000




Jul. 31 (The Business Press/KRTBN)--In the right place at the right time, power
converter manufacturer International Rectifier Corp. capped a stellar year with
predictions of even more good times ahead.

Over the 12 months, International Rectifier (NYSE: IRF) reported revenue of
$753.3 million, a 38.1 percent increase over fiscal 1999, according to a July 20
company release.

International Rectifier employs 560 people at its Hexfet America plant in
Temecula, manufacturing semiconductors that are allowing ever-smaller electronic
devices to run with more power and less heat.

Profits in 2000 shot up to $1.25 per share on net income of $68.3 million,
compared with a loss of 11 cents per share on total red ink of $5.8 million for
the previous year.

The company reported that orders for the quarter ended June 30 soared by 76
percent year-to-year and 9 percent sequentially, to reach another new record
high for the company.

"Power management technology is really coming into its own right now," said
Shelley Wagers, vice president of communications for International Rectifier,
based in El Segundo. "International Rectifier has made tremendous strides in the
industry.

"It`s a great time to be in our business."


When the company`s semiconductors were chosen to be part of Intel

Corp.`s 600 megahertz Pentium III for mobile PCs introduced in January,
International Rectifier`s stock price soared. Shares that traded as low as $4.25
in the first and second quarters of 1999 closed at $60.75 July 26. The 52-week
high and low were $65.25 and $12.36, respectively.

Power converters are key to laptop computers, driving Internet downloads, 3D
graphics, photo scans and large document printing off a battery by managing
energy efficiently to maximize speed and minimize heat. International Rectifier
technology powers the Internet`s backbone of routers and servers, and even
Sony`s PlayStation 2.

But the company has found additional growth making semiconductors for
automobiles and home appliances, Wagers said.

"Automobiles have more and more technology these days, and they must be powered
efficiently so they don`t cause a drag on the engine and the mileage," Wagers
said. "We have some very exciting opportunities in the auto market."

During the quarter, the company began shipping proprietary power systems to a
world leader in minivans, whom Wagers declined to name. These modules will
control fan motors in the automaker`s new models rolling out in the next six
months. The same platform will be used in sport- utility vehicles in subsequent
years.

International Rectifier in June announced a new generation of power chips that
reduce electricity consumption in a wide range of home appliances and industrial
motors.

Maytag already has adopted the chip for its Neptune washers. The next 12 months
will see Electrolux, Frigidaire and other major appliance manufacturers using
the technology to improve performance and cut electricity consumption, Wagers
said.

International Rectifier is designing a semiconductor for Intel`s Pentium 4,
although no deal has been made to use the product in the new processor when it
is released in the coming months, she said.

"The market has just begun to recognize our true value," Wagers said.

By John H. Orr



Gruß,
Crestfallen.

[value-trader]

Hallo Crestfallen,

danke für dein Posting.
IRF steht gerade erst am Anfang. Deren Technolie hat vielfältige Anwendungsmöglichkeiten.

Ich hoffe, noch viele Investoren (vor allem Fonds!!!) werden auf diesen Wert stoßen.

gibts noch weitere interessante Meinungen zu IRF?

ich denke jedenfalls, wer jetzt investiert, wird noch viel freude haben.

gruß
value-trader

[value-trader]

keine weiteren meinungen?!?

[stockSWitcher]

Hallo, hallo! Ich freue mich, dass ihr dabei seid!
Gruß stockSWitcher

[value-trader]

.

[X-Bucks]

International Rectifier Posts Record Earnings On 64% Revenue Growth, With Orders Up 78%
Ticker Last Change
IRF $44.00 $-0.88
Quotes 20 min delay.


October 19, 2000 4:30pm
Source: Business Wire

EL SEGUNDO, Calif., Oct 19, 2000 (BUSINESS WIRE) -- International Rectifier Corp. (NYSE:IRF) grew revenue 64 percent year-to-year and posted record earnings in its first fiscal quarter.

Net income increased sharply year-to-year, to reach $42.1 million ($0.63 per share) on revenue of $249.4 million, compared to net income of $5.1 million ($0.10 per share) on revenue of $152.2 million in the prior-year quarter.

Revenue for analog power ICs, advanced-circuit devices, and power systems surged 142 percent year-to-year, and these proprietary products accounted for 30 percent of revenue in the period.

Orders soared by 78 percent year-to-year and 11 percent sequentially to set another record high. Distributors` sales of IR products rose to record highs, while their inventories remained flat with the preceding quarter.

Alex Lidow, chief executive officer, commented: "Shipments of our most advanced products fueled outstanding revenue growth and greater profitability in the quarter. Demand for products in our components group exceeded expectations, which enhances our prospects for a strong finish to our fiscal year.

"IR`s concentration on the fastest-growing applications in information technology, motion control, and automotive is reinforcing our position as the leader in power management. A wide variety of industry leaders in our key target sectors continue to adopt power architectures built around International Rectifier technology. Orders for analog power ICs, advanced-circuit devices, and power systems more than tripled year-to-year."

Gross margin was 39.6 percent for the quarter, compared to 31.7 percent in the prior-year quarter and 38.5 percent in the immediately preceding quarter. The increase reflected the shift to more proprietary products, cost reductions, and higher royalties.

Royalties contributed $11.4 million in the quarter, compared to $11.1 million in the preceding and $7.4 million in the year-ago quarters. The year-over-year increase reflected new license agreements and higher shipments of products covered under existing license agreements.

International Rectifier continues to extend its strategic advantages. In recent months, the company introduced new technology and won new designs in high-growth communications and automotive applications, while major new programs incorporating IR technology and power architectures moved into production.

In the automotive sector, IR earned sole-source position on four electric steering programs, two 42-volt power distribution and integrated starter-alternator designs, and two fan-control programs.

Industry leaders in broadband networks and Internet infrastructure sharply ramped their shipment of DSL (digital subscriber line) systems and hubs & servers that incorporate benchmark power management technology from International Rectifier.

Lidow noted: "We are entering the December quarter with more than 80 percent of planned revenue already in our backlog. In light of stronger-than-expected demand, we are revising upwards our revenue outlook. We now expect to grow fiscal 2001 revenues by 40 to 45 percent, with gross margins averaging 45 to 50 percent on incremental sales."

International Rectifier is a world leader in power management devices and systems that enable information technology and other end products to improve functionality, speed, compactness, and portability.

IR`s analog power ICs, advanced-circuit devices, power systems, and components enable Internet hardware to gain speed and reliability, allow portable electronics to run longer off a single charge, improve automotive fuel efficiency, and cut energy consumption in home appliances and industrial motors.

International Rectifier is the pioneer and market leader in the $4 billion power MOSFET industry, and over 20 companies are licensed under its power MOSFET patents. IR serves market leaders around the world, and more than half its revenue comes from outside the United States.

The foregoing material includes some forward-looking statements made pursuant to safe harbor provisions of the Private Securities Litigation Reform Act of 1995. IR cautions that such statements are subject to a number of uncertainties, and actual results may differ materially. Factors that could affect the company`s actual results include the effectiveness of cost controls and cost reductions; impact of changes in accounting methods; the accuracy of customers` forecasts; push-out of delivery dates; product returns; market and sector conditions that affect its customers, licensees, and suppliers; introduction, acceptance, and availability of new products; delays in transferring and ramping production lines or completing customer qualifications; the company`s mix of product shipments; availability of adequate capacity; pricing pressures; product returns; failure of suppliers and subcontractors to meet their delivery commitments; unfavorable changes in industry and competitive conditions; continued improvement in economic conditions in the company`s markets around the world; unanticipated impacts on the company`s business or financial condition due to changes in currency valuation; the impact of trade and export regulations and policies; and other uncertainties disclosed in the company`s S-3 filing with the Securities and Exchange Commission on Oct. 16, 2000.

NOTE: A conference call will begin today at 5:15 p.m. Eastern daylight time (2:15 p.m. Pacific daylight time). Participants can join the call by dialing 212/346-0192 or by logging onto the Internet at HTTP://WWW.IRF.COM, HTTP://WWW.VCALL.COM, or HTTP://WWW.STREETFUSION.COM at least 15 minutes ahead of the start time. A replay of the call will be available through 9:00 a.m. Eastern daylight time (noon Pacific daylight time) on Tuesday, Oct. 24. To hear the replay, phone [phone] (for international callers 858/812-6440) and use reservation No. 1614 6533 or use the Web sites listed above.



INTERNATIONAL RECTIFIER CORP. AND SUBSIDIARIES
Unaudited Consolidated Statement of Operations
(In thousands except per share amounts)

Three Months Ended
Sept. 30,
2000 1999

Revenues $249,435 $152,239
Cost of sales 150,732 104,020
Gross profit 98,703 48,219

Selling & administrative 33,787 26,656
Research & development 14,951 10,596

Operating profit 49,965 10,967

Other income (expense):
Interest, net 5,891 (3,425)
Other, net 260 -

Income before income taxes 56,116 7,542

Provision for income taxes 14,029 2,413
Net income $ 42,087 $ 5,129

Net income per common share:
Basic $ 0.68 $ 0.10
Diluted $ 0.63 $ 0.10

Average common shares
outstanding - Basic 61,831 51,928
Average common shares and
potentially dilutive
securities outstanding - Diluted 66,661 53,096



INTERNATIONAL RECTIFIER CORP. AND SUBSIDIARIES
Consolidated Balance Sheet
(In thousands)

Sept. 30, June 30,
2000 2000
(Unaudited)
Assets

Current assets:
Cash, cash equivalents and
short-term investments $ 813,320 $ 254,336
Trade accounts receivable, net 190,661 180,349
Inventories 118,150 117,974
Deferred income taxes 22,535 21,953
Prepaid expenses and other receivables 29,428 17,011

Total current assets 1,174,094 591,623

Property, plant and equipment, net 405,120 390,787

Other assets 65,045 43,560

Total assets $ 1,644,259 $1,025,970


Liabilities and Stockholders` Equity

Current liabilities:
Bank loans $ 12,070 $ 12,089
Long-term debt, due within one year 1,836 1,984
Accounts payable 89,020 85,580
Accrued salaries, wages and
commissions 19,476 17,757
Other accrued expenses 46,792 32,750

Total current liabilities 169,194 150,160

Long-term debt, less current
maturities 553,703 4,589
Other long-term liabilities 7,042 8,486
Deferred income taxes 20,989 18,669

Stockholders` equity:
Common Stock 61,951 61,594
Capital contributed in excess of
par value of shares 635,850 627,118
Retained earnings 203,292 161,205
Accumulated other comprehensive loss (7,762) (5,851)
Total stockholders` equity 893,331 844,066

Total liabilities and
stockholders` equity $ 1,644,259 $1,025,970

CONTACT: International Rectifier Corp.
Shelley Wagers, 310/726-8512
Web site: HTTP://WWW.IRF.COM

URL: HTTP://WWW.BUSINESSWIRE.COM
Today`s News On The Net - Business Wire`s full file on the Internet
with Hyperlinks to your home page.

Copyright (C) 2000 Business Wire. All rights reserved.
KEYWORD: CALIFORNIA INDUSTRY KEYWORD: HARDWARE INTERNET AUTOMOTIVE EARNINGS

Noch Fragen??

XB

[nachtreiter.]

Hallo, an die drei oder vier IRF-Investoren hier im Board.

In diesen turbulenten Zeiten benötige ich mal wieder positiven Zuspruch.
Ich habe mal die aktuellen Analysteneinschätzungen seit September reingestellt
(da ich nicht weiß, wie ich im Antwortfenster formatiere, habe ich die downgrades durch ein - kenntlich gemacht).

Broker Reports about IRF
Date Broker Report


11/8/00 Gruntal Intl Rectifier Reiterated Short-Term `Outperform` at Gruntal

- 11/1/00 JP Morgan Intl Rectifier downgraded from Buy to Mkt Perform at JP Morgan

11/1/00 Morgan Stanley DW Intl. Rectifier Reiterated `Outperform` at Morgan Stanley DW

- 10/25/00 Salomon Smth Brny Intl Rectifier downgraded from Buy to Neutral at Salomon Smth Brny

- 10/25/00 Banc of America Sec Intl Rectifier downgraded from Strong Buy to Buy at Banc of America Sec

10/25/00 Salomon Smith Barney Intl Rectifier Cut to `Neutral` at Salomon Smith Barney

10/20/00 Stephens Inc. Interantional Rectifier Reiterated `Buy` at Stephens Inc.

10/19/00 Gruntal Intl Rectifier Reiterated Short-Term `Outperform` at Gruntal

9/7/00 First Union Sec Intl Rectifier initiated at First Union Sec with a Strong Buy

Es hat also in den letzten Tagen drei Abstufungen gegeben. (Begründet wurden sie mit dem allg. Abflachen der Wachstumsraten
im Halbleitersektor). Meiner Meinung nach sollte man allerdings nicht alle Unternehmen einer Branche über einen Kamm scheren.
IRF ist meiner persönlichen Ansicht nach in einer Sparte tätig, die noch über Jahre höhere Wachstumsraten als der gesamte Markt
aufweisen wird.

Zur Veranschaulichung zwei Schaubilder der Seite nasdaq.com:

http://earnings.nasdaq.com/earnings/peratio_growth.asp?symbo…
http://earnings.nasdaq.com/earnings/peg_ratio.asp?symbol=IRF…
http://earnings.nasdaq.com/earnings/earnings_growth.asp?symb…

Diese verdeutlichen eigentlich recht gut, dass die Story IRF noch nicht zu Ende ist´(Die letzten Quartalszahlen waren ja mehr als überzeugend !).

Gruß,
nachtreiter

[stockSWitcher]

Bin nach wie vor bullish für IRF und sehe die Schwäche als Marktschwäche, die IRF ganz unverdient mit runterzieht; bei einem Klimawechsel wird IRF wohl überproportional anziehen;
diese Aktie ist eine strategische Anlage für dieses Jahrzehnt und dies sollte m.E. in einem Jahr schon deutlich erkennbar sein...
Gruß stockSwitcher

[Habibi1]

Hi,

zahlen sind da:
5 Cent über den Erwartungen, Aussichten gut:

International Rectifier Q2 results beat forecasts
EL SEGUNDO, Calif., Jan 24 (Reuters) - International Rectifier Corp. (NYSE:IRF - news), a maker of power management devices, on Wednesday reported better-than-expected second-quarter earnings, and said it expects third-quarter revenues to grow sequentially by $5 million to $15 million.

The El Segundo, Calif.-based company reported second-quarter net income of $46.5 million or 71 cents per share on revenue of $268.1 million, vs. net income of $12.4 million or 23 cents per share on revenue of $171.1 million in the same quarter a year ago.

The consensus second-quarter estimate among analysts polled by First Call/Thomson Financial was 66 cents per share.

The company said it expects to add $5 million to $15 million of revenue sequentially in its third quarter, as demand for its products remains strong.

Habibi

[stockSWitcher]

Ja, es lohnt sich bei IRF long zu sein; bei der conference call wurde
auch bekannt, dass auch schon wieder 80% der Produktion des laufenden Quartals (bis März)gebucht ist!
Die Story geht weiter und fängt vielleicht erst an...
stockSWitcher

[rulebreaker]

Gruß an alle IRF-Investoren,

habe vor kurzem folgende Analyse ausgegraben (Quelle VectorVest, ein Online Dienst der den Kauf von sicheren, unterbewerteten Aktien befürwortet,
welche auf lange Sicht eine sichere Wertsteigerung garantieren. IRF zählt ganz offentsichtlich zu dieser Kategorie von Aktien) Viel Spass beim Schmökern.


Stock Analysis of Intl Rectifr

Thank you for requesting an analysis of Intl Rectifr from VectorVest ProGraphics. The ticker symbol for Intl Rectifr is IRF. IRF
is traded on the New York Stock Exchange and options are available on this stock.

PRICE: IRF closed on 01/30/2001 at $52.42 per share.

VALUE: IRF has a Value of $77.5 per share. Value is the foundation of the VectorVest system. It is a measure of what a stock
is currently worth. Value is based upon earnings, earnings growth rate, dividend payments, dividend growth rate, and financial
performance. Current interest and inflation rates also play an important role in the computation of Value. When interest and/or
inflation rates decrease, Value goes up. When interest rates and inflation increase, Value goes down. Sooner or later a stock`s
Price and Value always converge.

RV (Relative Value): IRF has an RV of 1.56. On a scale of 0.00 to 2.00, an RV of 1.56 is excellent. RV reflects the
long-term price appreciation potential of the stock compared to an alternative investment in AAA Corporate Bonds. Stocks with
RV ratings above 1.00 have attractive upside potential. A stock will have an RV greater than 1.00 when its Value is greater than
Price, and its Relative Safety (see below) and forecasted earnings growth rate are above average. In some cases, however, a
stock`s RV will be above 1.00 even though its Value is well below Price. This happens when a stock has an exemplary record of
financial performance and an above average earnings growth rate. In this case, the stock is currently selling at a premium, and the
investor is banking on future earnings growth to drive the stock`s price higher. This information is very useful not only in knowing
whether or not a stock has favorable price appreciation potential, but it also solves the riddle of whether to buy high growth, high
P/E, or low growth, low P/E stocks. We believe that RV ratings above 1.00 are required to consistently achieve above average
capital gains in the stock market.

RS (Relative Safety): IRF has an RS rating of 0.93. On a scale of 0.00 to 2.00, an RS of 0.93 is fair. VectorVest looks at
safety from the viewpoint of an equity investor (one who is buying stock of a company) rather than that of a purchaser of debt
(one who is lending money to the company). From this perspective, consistency of financial and operating performance, stock
price appreciation history, and price volatility are the key factors used in the evaluation of Relative Safety (RS). Debt to equity
ratio, capitalization, sales volume, business longevity and other factors are also considered, but to a lesser degree.

VectorVest favors steady, predictable performers. All stocks are rated on a scale of 0.00 to 2.00. A stock with an RS greater
than 1.00 is safer and more predictable than the average of all stocks. A stock with an RS less than 1.00 is less predictable and
riskier than the average stock.

RT (Relative Timing): IRF has an RT rating of 1.77. On a scale of 0.00 to 2.00, an RT of 1.77 is excellent. RT is a fast,
responsive, short-term price trend indicator. It analyzes the direction, magnitude, and dynamics of a stock`s price behavior over
the last 13 weeks; then reflects and projects the short-term price performance of the stock. Once a stock`s Price has established
a strong trend, it is expected to continue that trend for the short-term. If the trend dissipates, RT will gravitate towards 1.00.
Should the price change dramatically, RT will notice the crucial turning point. When warranted, it will explode from a Price low
and dive from a Price high.

All stocks are rated on a scale of 0.00 to 2.00. If RT is above 1.00,the stock`s Price is in an uptrend. Below 1.00, the stock`s
Price is in a downtrend.

VST-Vector (VST): IRF has a VST-Vector rating of 1.48. On a scale of 0.00 to 2.00, an VST of 1.48 is excellent.
VST-Vector solves the dilemma of balancing Value, Safety and Timing. Stocks with high RV values often have low RS values, or
stocks with low RV and RS values have high RT`s. How can we find the stocks with the best combinations of Value, Safety, and
Timing?

The classic vector formula (square root of the sum of the squares) handles this problem. It combines a set of forces into a single
indicator for ranking every stock in the VectorVest database. Stocks with the highest VST-Vector have the best combinations of
Value, Safety and Timing. These are the ones to own for above average capital application.

GRT (Growth Rate): IRF has a GRT of 41 % per year. This is excellent. GRT stands for forecasted Earnings Growth Rate
in percent per year. GRT is updated each week for every stock. Watch GRT trends very carefully. If the GRT trend is up, the
stock`s Price will likely rise. If the GRT trend is down, the stock`s Price will increase more slowly, cease to increase, or
subsequently fall.

Recommendation (REC): IRF has a Buy recommendation. REC reflects the cumulative effect of all the VectorVest
parameters working together. These parameters are designed to help investors buy safe, undervalued stocks which are rising in
price, and to avoid or sell risky, overvalued stocks which are falling in price.

VectorVest is tuned to give an "H" or "B" signal when a stock`s price is approximately 10% above a recent low, and an "S" signal
when the stock`s price is approximately 10% below a recent high. High RV, RS stocks are favored toward receiving "B" REC`s,
and sheltered from receiving "S" RECs.

STOP-PRICE: IRF has a Stop-Price of 40.92 per share. This is 11.50 or 21.9 % below its current closing Price. VectorVest
analyzes over 7,400 stocks each day for Value, Safety and Timing, and calculates a Stop-Price for each stock. These
Stop-Prices are based upon 13 week moving averages of closing prices, and are fine-tuned according to each stock`s
fundamentals.

In the VectorVest system, a stock gets a "B" or an "H" recommendation if its price is above its Stop-Price, and an "S"
recommendation if its price is below its Stop-Price.

DIV (Dividend): IRF does not pay a dividend. VectorVest focuses on annual, regular, cash dividends indicated by the most
recent disbursement. Special distributions, one-time payments, stock dividends, etc., generally are not included in Dividend
(DIV).

DY (Dividend Yield): IRF has a DY of 0 percent. This is below the current market average of 1.1 %. DY equals 100 x
(DIV/PRICE), and is expressed as a percentage.

EY (Earnings Yield): IRF has an EY of 5.43%. This is above the current market average of 3.83%. EY equals 100 x
(EARNINGS PER SHARE/PRICE), and is expressed as a percentage.

EPS (Earnings Per Share): IRF has an EPS of $2.85 per share. EPS stands for leading 12 months Earnings Per Share.
VectorVest determines this forecast from a combination of recent earnings performance and traditional fiscal and/or calendar
year earnings forecasts.

P/E (Price to Earnings Ratio): IRF has a P/E ratio of 18.39. This ratio is computed daily based upon Price and EPS. P/E =
Price/EPS.

GPE (Growth to P/E Ratio): IRF has a GPE of 2.22. This ratio suggests that IRF is undervalued. Growth to P/E ratio is a
popular measure of stock valuation which compares Earnings Growth Rate (GRT) to Price Earnings ratio (P/E). A stock is
considered to be undervalued when GPE is greater than 1.00, and vice-versa. VectorVest believes that RV is a much better
indicator of long-term value. The RV of 1.56 for IRF is excellent.

DS (Dividend Safety): IRF has a DS of 0. On a scale of 0 to 99, a DS of 0 is poor. DS is defined as the assurance that
regular cash dividends will be declared and paid at current or at higher rates for the foreseeable future. Stocks with DS values
above 50 on a scale of 0 to 99 are above average in safety.

RISK (Dividend Risk): IRF does not pay a dividend. All stocks in the VectorVest system that pay dividends are classified as
having Low, Medium or High Dividend Risk (RISK). Stocks with DS values above 50 are above average in safety. These
stocks are classified as having LOW or MEDIUM RISK. Stocks with DS values below 50 are below average in safety and are
classified as having HIGH Risk.

DG (Dividend Growth): IRF has a DG of 0 percent per year. Dividend Growth is a subtle yet important indicator of a
company`s historical financial performance and the board`s current outlook on the future use of funds.

YSG-VECTOR (Yield-Safety-Growth Vector): IRF has a YSG-Vector of 0. On a scale of 0.00 to 2.00, a
YSG-Vector rating of 0 is very poor. VectorVest combines Dividend YIELD, SAFETY and GROWTH into a single parameter.
YSG-Vector allows direct comparison of all dividend paying stocks. Stocks with the highest YSG-Vector values have the best
combinations of Dividend Yield, Safety and Growth. These are the stocks to buy for above average current income and
long-term growth.

VOL(100)s: IRF traded 2049100 shares on 01/30/2001.

AVG VOL(100)s: IRF has an Average Volume of 1424400. Average Volume is 50 day moving average of daily volume as
computed by VectorVest.

% VOL: IRF had a Volume change of 43.9% from its 50 day moving average volume.

OPEN: IRF opened trading at $49.99 per share on 01/30/2001.

HIGH: IRF traded at a high of $53.89 per share on 01/30/2001.

LOW: IRF traded at a low of $49.99 per share on 01/30/2001.

CLOSE: IRF Closed trading at $52.42 per share on 01/30/2001.

% PRC: IRF showed a Price change of 5% from the prior day`s closing price.

INDUSTRY: IRF has been assigned to the Electronic (Semicndtr Mfg) Group. VectorVest classifies stocks into over 190
Industry Groups and 50 Business Sectors.

IRF has about average safety with well above average upside potential. It reflects a stock which is likely to give well above
average, relatively consistent returns over the long term.

[walbol]

So,jetzt bin ich auch dabei erste Position fuer 50$.
Denke das der Durchbruch bei der
Power-Saving Fluorescent Lighting Technology viel $$$
in die Kasse spuelen wird.
Die Frage bleibt natuelich ob die AKtien nochmal fuer
weniger (um die 40 $ ) bekommt ??

Viel Glueck





Monday January 29, 9:19 am Eastern Time

Press Release

International Rectifier Announces Breakthrough in
Power-Saving Fluorescent Lighting Technology

New Power Chips Promise to Overcome Consumer Resistance to Energy-Saving Compact Fluorescent
Lighting; Advancements in Power Management Could End the Power Crunch

LOS ANGELES--(BUSINESS WIRE)--Jan. 29, 2001-- Los Angeles-based International Rectifier (NYSE:IRF - news; IR), the world`s
leader in power management technology, today announced a new power semiconductor chip that could cut the production costs of
compact fluorescent lighting by as much as 25 percent, significantly reducing consumer price resistance to CFLs, which are priced
substantially higher than conventional incandescent bulbs.

``These next-generation power chips could play a major role in putting an end to the energy crisis we are facing today,`` said Alex
Lidow, International Rectifier`s chief executive officer. ``Lighting accounts for 35 percent of the electricity used by consumers in this
country. If consumers replaced conventional bulbs with energy-saving compact fluorescent lighting using this new power management
technology, that would go a long way towards ending the threat of rolling blackouts.``

Compact fluorescent lamps, known as CFLs, produce the same light output as an incandescent bulb, while consuming only one-fifth
of the power and lasting as much as 10 times longer. The lower operating costs of CFLs have so far failed to overcome consumer
resistance to higher purchase prices. By integrating the electronics, International Rectifier`s new chip eliminates 10 components and
lowers the manufacturing cost of CFLs by as much as 25 percent.

Tom Ribarich, International Rectifier`s design manager for lighting integrated circuits, added: ``This new power chip is a breakthrough
in lighting technology because it incorporates into a single advanced chip all of the control features needed to light the bulb.

``Most designs on the market today simply fire the lamp instantly without preheating, which degrades the bulb life. By pre-heating the
bulb`s electrodes prior to firing, International Rectifier`s new power chip boosts the rated life of the bulb by thousands of hours. And
its clean, efficient design reduces component count and manufacturing costs and increases reliability.``

Leading lighting manufacturers who use International Rectifier`s power semiconductor technology include Osram, Magnetek, Tridonic,
Sylvania and Motorola.

``I believe International Rectifier`s advancement in this technology shows great potential in demonstrating the superiority of compact
fluorescent lighting to the American consumer,`` said Gunther Loehmann, director of product development - fluorescent lighting
products, Osram GmbH, Munich, Germany.

``Compact fluorescent lighting has long dominated the consumer market in both Europe and Asia. International Rectifier`s technology
enables manufacturers to introduce less expensive, more reliable products, reducing the American consumers` resistance to price and
their reliance on energy-hogging conventional bulbs.``

International Rectifier designs, manufactures and markets power management products to industry leaders in information technology
and other market sectors. IR supplies analog power ICs and advanced circuit devices, power systems, and components (power
MOSFETs, IGBTs, and diodes), and is the pioneer and market leader in the $4 billion power MOSFET industry.

IR`s devices and systems cut energy consumption in home appliances and industrial motors, allow battery-operated products to run
longer off a single charge, and improve automotive fuel efficiency. IR`s advancements in power management technology allow its
customers to add functionality, improve performance and reduce size and weight in products such as routers, servers, cell phones and
notebook computers.

Contact:

International Rectifier Corp., El Segundo
Steve Harrison, 310/252-7731 (investor relations)
or
BlairPR Inc.
Tim Blair, 310/470-4569

[bigtime]

Bin eingestiegen, Gewinnwachstum von 100% pro Jahr hat mich überzeugt.

Fred Hager sieht ein Ergebniss von 5$ und Kursziel von über 300$ in 2004.


Mfg bigtime