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IXYS Corporation designs, develops and markets power semiconductors used primarily in controlling energy in motor drives, power conversion (including uninterruptible power supplies (UPS) and switch mode power supplies (SMPS)) and medical electronics. IXYS' power semiconductors convert electricity at relatively high voltage and current levels to create efficient power as required by a specific application. The Company's target market includes segments of the power semiconductor market that require medium to high power semiconductors, with a particular emphasis on higher power semiconductors, which IXYS considers to be those capable of processing greater than 500 watts of power. The Company offers a broad line of power semiconductors, including power MOSFETs, insulated gate bipolar transistors (IGBTs), thyristors (silicon controlled rectifiers or SCRs) and rectifiers, including fast recovery epitaxial diodes (FREDs).
SYXI has been moving up sharply lately on no news. Last at $50/share (June-22-00). Anyone else follow this stock? Is there any reason for the recent strength? I can see no obvious news. All thoughts and discussion welcome.
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