PWER - Sector: Technology---Industry: Electronic Instr. & Controls

[setravis]

(PWER).......
WINS PATENT INFRINGEMENT LAWSUIT: Power-One, Inc. (PWER) announced that the jury
in a U.S. District Court has upheld the validity of the Power-One Z-One(R) digital power management
and control patents asserted against Artesyn Technologies, which, along with Astec
America, is now part of the Emerson Electric Co.'s (EMR) Network Power business unit. The jury
found both of the two asserted patents to be valid and found that Power-One's U.S. Patent No.
7,000,125 has been infringed by the Artesyn Technologies product.



Some very attractive levels.

52wk Range: 3.35 - 7.80
Volume: 1,171,166
Avg Vol (3m): 452,752

Technicals
Percentage Gainer

Last Price Quote is:
8.94%above 13-day MA
10.41%above 50-day MA
RS Rating: 93  

Fundamentals
Key Data:
Market Cap (M): $493.34  
P/E Ratio: 181.99  
PEG Ratio: N/A  
Next Earnings: 02/06/2008
Last Analyst Rating: Sector Perform

[setravis]

Profile: 




Power-One Inc.
740 Calle Plano
Camarillo, CA 93012
United States - Map
Phone: 805-987-8741
Fax: 805-388-0476
Web Site: http://www.power-one.com

DETAILS   
Index Membership: N/A
Sector: Technology
Industry: Diversified Electronics
Full Time Employees: 4,167


BUSINESS SUMMARY   
Power-One, Inc. engages in the design and manufacture of power conversion and power management products. Its products include alternate current (AC)/direct current (DC) power supplies that power various equipment used in the communications, networking, server/storage, computer, instrumentation, industrial, and electronic industries; DC power systems, which are used to power the communications infrastructure equipment by communications and Internet service providers; and DC/DC converters, including high-density and low-density ?brick' converters that are used to control power on communications printed circuit boards, as well as Point-of-Load converters that power devices within an Intermediate Bus Architecture, and in other applications. The company also provides alternative energy products, which convert solar or wind energy into useable AC/DC power; digital control products for motors; and various application-specific specialty power products. Power-One sells its products to equipment manufacturers in the communications infrastructure and high technology markets through a network of manufacturers' representatives and distributors in Europe, North America, Asia, the Middle East, South America, and Australia. The company was founded in 1973 and is based in Camarillo, California.

[setravis]

Press Release Source: Power-One, Inc.


Power-One's Aurora(R) PVI-Central Inverters Win EPD Magazine Environmental Design Award
Tuesday September 16, 10:00 am ET


CAMARILLO, Calif.--(BUSINESS WIRE)--Power-One, Inc. (Nasdaq: PWER - News), a leading provider of power conversion and power management solutions, today announced that its Aurora PVI-Central commercial renewable energy inverters have won Electronic Product Design Magazine's 2008 e-Legacy Award in the Environmental Design Category. This prestigious award recognizes products that provide innovative electronic design solutions for responsible energy use.
ADVERTISEMENT


Commenting on Power-One's success, EPD's Editor, Caroline Hayes, said "The Environmental Design category was one of the most popular entries. It recognizes energy-saving or power-efficient design, preparing for the next wave of energy sources and management. As a result, this category had six finalists instead of four. This shows the interest in energy sources and use in electronics design and the fact that over 6,000 people voted is a testimony to its relevance to the electronics design community. The photovoltaic inverters beat some tough competition to win this year's e-Legacy Environmental Design Award."

Power-One's PVI-Central Inverters are designed for large solar applications, such as apartment buildings and industrial facilities. These grid-tie products provide scalability in a common-enclosure package that is delivered pre-configured and pre-tested. In addition to reducing on-site installation wiring and testing, this modular approach facilitates cost-effective solutions with smaller footprints and increased reliability. Products are available from 50kW to 330kW.

Electronic Product Design Magazine's selection process was based on inputs from their judges and voting by their readership. The e-Legacy awards are unique in the electronics industry in recognizing excellence in design and forward-looking investments by electronics companies that contribute to community, society, and future generations.

"We would like to thank EPD and their readers for this award," said Richard Thompson, Power-One's CEO. "It is especially gratifying to receive this recognition in the Environmental Design Category, given our commitment to developing energy-efficient, 'green' power solutions. We believe our Aurora products offer some of the industry's most comprehensive and efficient lines of renewable energy inverters and benefit the environment by helping to conserve power with leading-edge design."

About Power-One

Power-One designs and manufactures energy-efficient power conversion and power management solutions for alternative/renewable energy, routers, data storage and servers, wireless communications, optical networking, medical diagnostics, railway controls, automated/semiconductor test equipment, and custom applications. Power-One, with headquarters in Camarillo, CA, has global sales offices, manufacturing, and R&D operations in Asia, Europe, and the Americas. Please visit http://www.power-one.com for more information.

About EPD

Electronic Product Design Magazine was launched in 1980 and is the UK's best read monthly electronics design magazine. The magazine's annual e-Legacy awards are designed to celebrate the value of electronics and electronics companies and how they can build a better future today. For additional information on the 2008 e-Legacy awards, please visit www.epdonthenet.net/awards.aspx. For additional information on Electronic Product Design Magazine, please visit http://www.epdonthenet.net/.



Contact:
Power-One, Inc.
Investor Relations
Kristyn Hutzell, 512-514-6046
[email protected]

--------------------------------------------------------------------------------
Source: Power-One, Inc.

[setravis]

A possible Double Bottom Pattern
at a $1.65 let's see if anything  becomes of it...

52wk Range: 1.65 - 5.99
Volume: 1,267,474
Avg Vol (3m): 345,637


Technicals
Percentage Gainer

Last Price Quote is:
8.48%above 13-day MA
0.01%above 50-day MA
RS Rating: 51 

Fundamentals
Key Data:
Market Cap (M): $162.37 
P/E Ratio: 181.99 
PEG Ratio: N/A 
Next Earnings: 10/23/2008
Last Analyst Rating: Sector Perform

[setravis]

power lift off !

[setravis]

A Stock Ready to Roar.......

52wk Range: 0.33 - 4.75
Volume: 2,803,908
Avg Vol (3m): 1,272,140

Technicals
Record Price High

Last Price Quote is:
11.29%above 13-day MA
35.96%above 50-day MA
RS Rating: 98 

Fundamentals
Earnings Expected on Feb 4

Key Data:
Market Cap (M): $403.07 
P/E Ratio: 181.99 
PEG Ratio: N/A 
Next Earnings: 02/04/2010
Last Analyst Rating: Buy

[setravis]

Power-One profit and sales rise in 4Q
Power-One, maker of products to convert alternative energy, reports higher 4Q profit, sales

On Thursday February 4, 2010, 5:44 pm EST
CAMARILLO, Calif. (AP) -- Power-One Inc. said Thursday its fourth-quarter profit rose as both its renewable-energy and power-products businesses saw sales increase over the previous three months.

It shares jumped 60 cents, or 19 percent, to $3.68 in extended trading after the release of the earnings report. They had closed the regular session down 18 cents, or 5.5 percent, to $3.10.

Power-One said it earned $5.4 million, or 5 cents per share, compared with $1.7 million, or 2 cents per share, a year earlier.

Sales rose 9 percent to $142.4 million.

For all of 2009, the company lost $65.5 million, or 74 cents per share, compared with a loss of $17.5 million, or 20 cents per share, in 2008. Revenue fell to $431.6 million from $537.5 million.

Power-One makes electrical products for renewable-energy and technology companies.

[setravis]

Important part in the company's future course... revenues are increasing, losses are decreasing.
Company must reach profitability and should they succeed in doing so...this is an easy double.

Possibilities...
for more upside
continue to apply rules:
-low float
-insider ownership & buying
-volume=liquidity
-buy on real breakouts not on anticipation of b/o using BB & charts
-I usually ignore fundamentals beyond the business of co.

A chart I like is where the indicators I use are pointing up are doing critical crossovers

[setravis]

Power-One Posts Solid Fourth Quarter 2009 Results...
Net income of $5.4 million and diluted EPS of $0.05
Growth in renewable energy and power products, coupled with efficiencies and expense controls, drives operating cash flow to $28.1 million.

Power-One, Inc. (PWER), a leading provider of renewable energy and energy-efficient power conversion and power management solutions, today announced financial results for the fourth quarter 2009. The Company's ongoing strategic initiatives, including growth strategies and a continued focus on efficiencies and expense controls, helped deliver expanded gross and operating margins, as well as positive operating cash flow and net income.

Power-One recorded net sales of $142 million for the fourth quarter ended January 3, 2010, an increase of 9% from the fourth quarter 2008. Net income attributable to common shareholders for the fourth quarter was $5.4 million, or $0.05 per diluted share, compared to a profit of $1.7 million, or $0.02 per diluted share for the same period last year.

Both renewable energy and power products recorded strong sequential revenue gains in the fourth quarter 2009, with a positive outlook for 2010. Renewable energy products posted another solid quarter, and the continued momentum from inverter products resulted in a record $68 million in revenue for the fourth quarter 2009. This yielded a year-over-year increase of 279% from $18 million in the fourth quarter 2008 and a 119% sequential sales increase from $31 million in the third quarter 2009. Renewable energy generated 48% of total revenue in the quarter, versus 14% in the fourth quarter of 2008. Power-One's power products generated revenue of $74 million in the fourth quarter 2009, with these products showing continued signs of stabilization and modest demand increases.

Gross margin continued to expand for the third consecutive quarter, improving to 28.9% in the fourth quarter of 2009, compared with 22.0% for the same period last year. As part of Power-One's strategic initiatives, a favorable product mix, better factory utilization and cost improvements all contributed to the expansion. Gross margin was negatively affected by $1.7 million in charges related to the closure of the Dominican Republic facility. Operating income for the fourth quarter 2009 was $13.2 million and was impacted by $4.1 million in total charges related to the closure of the Dominican Republic facility, slated to be completed by the first half of 2010.

Total 90-day backlog showed extraordinary growth, as Power-One posted $121 million in 90-day backlog. The renewable energy products 90-day backlog was $59 million, while the power products backlog grew to $62 million. This compares to backlog of $69 million in the fourth quarter of 2008, with renewable energy backlog of $6 million and power backlog of $63 million. The fourth quarter book-to-bill ratio was 1.88 compared to 0.80 in the fourth quarter of 2008. The book-to-bill ratio at the end of the fourth quarter for the renewable energy products was 2.22 and was 1.56 for the power products.

The cash balance at the end of the fourth quarter was $90 million, up from $76 million at the end of the third quarter of 2009. During 2009, cash flow from operations was $55 million, versus a use of $22 million in 2008. Due to better working capital management, inventory decreased 28% to $73 million versus $102 million at the end of the fourth quarter of 2008, while DSO dropped 23 days, ending the fourth quarter at 77 days versus 100 days in the fourth quarter of 2008.

"We are pleased with the progress we have made with our restructuring in power conversion and the rapid growth and outlook for our inverter sales," commented Richard Thompson, Chief Executive Officer. "We have focused on improving our cost structure and strengthening power product sales and licensing, including our recent agreement with Ericsson. Further, we are investing in growth opportunities and new product initiatives, such as the launch of our 2.5 megawatt liquid-cooled wind inverter."

"With the increasing demand for our renewable energy and power products, we look forward to a strong year in 2010. The successful implementation of cost controls and a focus on expanding our markets enabled us to generate greater cash flow on improving margins," continued Mr. Thompson. "In the coming year, we will capitalize on cash flow generation and value to our shareholders through better manufacturing efficiencies, new product introductions and growth initiatives."

Business Outlook

Consistent with prior quarters, the Company is not providing financial guidance.

Earnings Conference Call

Power-One will discuss its 2009 fourth quarter results today beginning at 2:00 p.m. Pacific Time. The call will be available over the Internet through the Company's investor relations Web site at investor.power-one.com. To listen to the call, please go to the Web site at least 10 minutes early to register, download, and install any necessary audio software. For those who cannot listen to the live broadcast, the webcast will be available on the investor relations section of the Company's Web site at investor.power-one.com throughout the current quarter.

About Power-One

Power-One designs and manufactures energy-efficient power conversion and power management solutions for alternative/renewable energy, routers, data storage and servers, wireless communications, optical networking, semiconductor test equipment, industrial markets and custom applications. Power-One, with headquarters in Camarillo, California, has global sales offices, manufacturing, and R&D operations in Asia, Europe, and the Americas. Power-One is a public company listed on NASDAQ under the ticker symbol PWER. For more information about the Company, please visit www.Power-One.com .





52wk Range: 0.33 - 4.81
Volume: 6,843,467
Avg Vol (3m): 1,213,880


Technicals
Most Actives
Gap Up
Percentage Gainer

Last Price Quote is:
1.99%above 13-day MA
-4.32%below 50-day MA
RS Rating: 91 

Fundamentals
Key Data:
Market Cap (M): $283.12 
P/E Ratio: 181.99 
PEG Ratio: N/A 
Next Earnings: 04/15/2010
Last Analyst Rating: Buy

[setravis]

On the cheap (Long Recommendation)
come down to some very attractive levels.


Technicals
Percentage Gainer

Last Price Quote is:
4.23%above 13-day MA
-2.16%below 50-day MA
RS Rating: 90 

Fundamentals
Key Data:
Market Cap (M): $305.17 
P/E Ratio: 181.99 
PEG Ratio: N/A 
Next Earnings: 04/15/2010
Last Analyst Rating: Buy

[setravis]

The run up...
Looking at the 1 year chart

[setravis]

Power-One Posts Solid Fourth Quarter 2009 Results.......

CAMARILLO, Calif., Feb 04, 2010 (BUSINESS WIRE) -- --Net income of $5.4 million and diluted EPS of $0.05

--Growth in renewable energy and power products, coupled with efficiencies and expense controls, drives operating cash flow to $28.1 million

Power-One, Inc. (PWER), a leading provider of renewable energy and energy-efficient power conversion and power management solutions, today announced financial results for the fourth quarter 2009. The Company's ongoing strategic initiatives, including growth strategies and a continued focus on efficiencies and expense controls, helped deliver expanded gross and operating margins, as well as positive operating cash flow and net income.

Power-One recorded net sales of $142 million for the fourth quarter ended January 3, 2010, an increase of 9% from the fourth quarter 2008. Net income attributable to common shareholders for the fourth quarter was $5.4 million, or $0.05 per diluted share, compared to a profit of $1.7 million, or $0.02 per diluted share for the same period last year.

Both renewable energy and power products recorded strong sequential revenue gains in the fourth quarter 2009, with a positive outlook for 2010. Renewable energy products posted another solid quarter, and the continued momentum from inverter products resulted in a record $68 million in revenue for the fourth quarter 2009. This yielded a year-over-year increase of 279% from $18 million in the fourth quarter 2008 and a 119% sequential sales increase from $31 million in the third quarter 2009. Renewable energy generated 48% of total revenue in the quarter, versus 14% in the fourth quarter of 2008. Power-One's power products generated revenue of $74 million in the fourth quarter 2009, with these products showing continued signs of stabilization and modest demand increases.

Gross margin continued to expand for the third consecutive quarter, improving to 28.9% in the fourth quarter of 2009, compared with 22.0% for the same period last year. As part of Power-One's strategic initiatives, a favorable product mix, better factory utilization and cost improvements all contributed to the expansion. Gross margin was negatively affected by $1.7 million in charges related to the closure of the Dominican Republic facility. Operating income for the fourth quarter 2009 was $13.2 million and was impacted by $4.1 million in total charges related to the closure of the Dominican Republic facility, slated to be completed by the first half of 2010.

Total 90-day backlog showed extraordinary growth, as Power-One posted $121 million in 90-day backlog. The renewable energy products 90-day backlog was $59 million, while the power products backlog grew to $62 million. This compares to backlog of $69 million in the fourth quarter of 2008, with renewable energy backlog of $6 million and power backlog of $63 million. The fourth quarter book-to-bill ratio was 1.88 compared to 0.80 in the fourth quarter of 2008. The book-to-bill ratio at the end of the fourth quarter for the renewable energy products was 2.22 and was 1.56 for the power products.

The cash balance at the end of the fourth quarter was $90 million, up from $76 million at the end of the third quarter of 2009. During 2009, cash flow from operations was $55 million, versus a use of $22 million in 2008. Due to better working capital management, inventory decreased 28% to $73 million versus $102 million at the end of the fourth quarter of 2008, while DSO dropped 23 days, ending the fourth quarter at 77 days versus 100 days in the fourth quarter of 2008.

"We are pleased with the progress we have made with our restructuring in power conversion and the rapid growth and outlook for our inverter sales," commented Richard Thompson, Chief Executive Officer. "We have focused on improving our cost structure and strengthening power product sales and licensing, including our recent agreement with Ericsson. Further, we are investing in growth opportunities and new product initiatives, such as the launch of our 2.5 megawatt liquid-cooled wind inverter."

"With the increasing demand for our renewable energy and power products, we look forward to a strong year in 2010. The successful implementation of cost controls and a focus on expanding our markets enabled us to generate greater cash flow on improving margins," continued Mr. Thompson. "In the coming year, we will capitalize on cash flow generation and value to our shareholders through better manufacturing efficiencies, new product introductions and growth initiatives."

Business Outlook

Consistent with prior quarters, the Company is not providing financial guidance.

Earnings Conference Call

Power-One will discuss its 2009 fourth quarter results today beginning at 2:00 p.m. Pacific Time. The call will be available over the Internet through the Company's investor relations Web site at investor.power-one.com. To listen to the call, please go to the Web site at least 10 minutes early to register, download, and install any necessary audio software. For those who cannot listen to the live broadcast, the webcast will be available on the investor relations section of the Company's Web site at investor.power-one.com throughout the current quarter.

About Power-One

Power-One designs and manufactures energy-efficient power conversion and power management solutions for alternative/renewable energy, routers, data storage and servers, wireless communications, optical networking, semiconductor test equipment, industrial markets and custom applications. Power-One, with headquarters in Camarillo, California, has global sales offices, manufacturing, and R&D operations in Asia, Europe, and the Americas. Power-One is a public company listed on NASDAQ under the ticker symbol PWER. For more information about the Company, please visit www.Power-One.com .

SOURCE: Power-One, Inc.


Power-One, Inc.
Kevin Trosian
Vice President, Finance & Investor Relations
805-383-5888
[email protected]

[setravis]

updated chart look...

Below the 1 year chart

[setravis]

Power-One Posts Strong First Quarter 2010 Results
Revenue rises to $152 million, up 56% year-over-year
Net income of $3.8 million and diluted EPS of $0.04
Bookings increase over 480% year-over-year to $453 million


Press Release Source: Power-One, Inc. On Thursday April 29, 2010, 4:10 pm EDT
CAMARILLO, Calif.--(BUSINESS WIRE)--Power-One, Inc. (NASDAQ: PWER - News), a leading provider of renewable energy and energy-efficient power conversion and power management solutions, today announced financial results for the first quarter 2010. Power-One recorded net sales of $152 million for the first quarter ended April 4, 2010, an increase of 56% from the first quarter 2009. Net income attributable to common stockholders for the first quarter was $3.8 million, or $0.04 per diluted share, compared to a net loss of $61 million, or $0.70 per share for the same period last year.

Renewable energy products again recorded strong sequential revenue gains in the first quarter 2010, with positive demand trends continuing in 2010. The company's renewable energy products posted a record $82 million in revenue for the first quarter 2010, equating to a year-over-year increase of 556% from $13 million in the first quarter 2009. For the first time, renewable energy products contributed the majority of the company's revenue, at 54% of total sales in the quarter, versus 13% in the first quarter of 2009. Power-One's power products generated revenue of $70 million in the first quarter 2010 versus $85 million in the same period of 2009, with the majority of the decline due to component shortages experienced in the industry. Total 90-day backlog showed extraordinary growth, as Power-One posted $205 million in 90-day backlog. The renewable energy products 90-day backlog rose to $142 million, while the power products backlog grew to $63 million.

Power-One expanded gross margin for the fourth consecutive quarter, improving to 30% in the first quarter of 2010, compared with 14% for the same period last year. Volume increases, a favorable product mix, improved processes and supply chain management contributed to the expansion. Gross margin was negatively affected by approximately $1.6 million in charges related to the closure of the Dominican Republic facility. Operating income for the first quarter 2010 was $21.1 million, or 14% of revenue, and was impacted by $2.6 million in total charges related to the closure of the Dominican Republic facility, slated to be completed by the end of the second quarter 2010. Net income included a $5.7 million dollar loss from the repurchase of $4.5 million in face value of Power-One's 8% Senior Secured Convertible Notes due 2013.

"Renewable energy products once again showed considerable strength, driving sales and gross margin improvements for Power-One," commented Richard Thompson, Chief Executive Officer. "With the growth in renewable energy and the restructuring of our power products, we are excited with our near-term opportunities. We are expanding capacity for our renewable energy inverters, signing new licensing agreements with marquee customers for our digital power technology and recording significant wins across most product lines."

"Based on the strength and efficiency of our products and technology, we believe that we are taking market share," continued Mr. Thompson. "Strategically, we are continuing to introduce new products and streamline manufacturing costs while expanding our global presence."

Business Outlook

Consistent with prior quarters, the Company is not providing financial guidance for the quarter or the year.

Earnings Conference Call

Power-One will discuss its 2010 first quarter results today beginning at 2:00 p.m. Pacific Time. The call will be available over the Internet through the Company's investor relations Web site at http://investor.power-one.com. To listen to the call, please go to the Web site at least 10 minutes early to register, download, and install any necessary audio software. For those who cannot listen to the live broadcast, the webcast will be available on the investor relations section of the Company's Web site at http://investor.power-one.com throughout the current quarter.

About Power-One

Power-One designs and manufactures energy-efficient power conversion and power management solutions for alternative/renewable energy, routers, data storage and servers, wireless communications, optical networking, semiconductor test equipment, industrial markets and custom applications. Power-One, with headquarters in Camarillo, California, has global sales offices, manufacturing, and R&D operations in Asia, Europe, and the Americas. Power-One is a public company listed on NASDAQ under the ticker symbol PWER. For more information about the Company, please visit http://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.Power-One.com&esheet=6270740&lan=en_US&anchor=www.Power-One.com&index=3&md5=8a1e405d10f3ab051ed3c59e5793b240.

Safe Harbor Statement

Statements made in this press release which state the Company's or management's intentions, beliefs, expectations or predictions for the future are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, and may include statements regarding anticipated future productivity. It is important to note that future performance and actual results could differ materially from those discussed in or underlying such forward-looking statements as a result of risks and uncertainties that cannot be predicted or quantified and that are beyond the Company's control. Important factors that could cause actual results to differ materially include, but are not limited to: economic conditions in general and business conditions in the power supplies and renewable energy markets; foreign exchange rates; the Company's ability to improve its operational and supply chain efficiencies; competitive factors such as pricing and technology; the timing and results achieved in completing product manufacturing transitions to Company facilities in China or other low-cost locations; the threat of a prolonged economic slowdown or a lengthy or severe recession; continued volatility of the financial markets, including fluctuations in interest rates and trading prices of the Company's equity securities; the results of pending legal proceedings; the Company's ability to secure market share in higher margin, high-growth markets; the market growth of product sectors targeted by the Company as sectors of focus; and the Company's ability to increase working capital. Additional information concerning factors that could cause actual results to differ materially from expectations expressed in this press release are described in the Company's reports filed with the Securities and Exchange Commission pursuant to the Securities Exchange Act of 1934 from time to time, which are also available through the Company's Website at www.power-one.com or through the SEC's Electronic Data Gathering and Analysis Retrieval System (EDGAR) at www.sec.gov. Power-One undertakes no obligation to publicly update or revise any forward-looking statement.



Contact:
Power-One, Inc.
Kevin Trosian
Vice President, Investor Relations
(805) 383-5888
[email protected]

[setravis]

Power-One stock jumps after 1st-qtr repot
Power-One stock jumps after first quarter sees strong sales to renewable energy projects


On Friday April 30, 2010, 1:38 pm EDT
NEW YORK (AP) -- Shares of Power-One Inc. jumped Friday after the maker of energy conversion devices announced first-quarter sales of components for solar and wind energy installations are burgeoned.

The stock rose $2.36, or 41 percent, to $8.12 in midday trading.

Late Thursday, the Camarillo, Calif., company said it earned $3.8 million, or 4 cents per share in the first quarter. Analysts surveyed by Thomson Reuters were expecting earnings of 1 cent per share.

Sales were $152 million, up 56 percent from a year ago. For the first time, components for renewable energy contributed the majority of the company's revenue.

Analyst Walter Nasdeo at Ardour Capital raised his price target on the stock from $5.50 to $10 in a morning research note, and kept a "Buy" rating. The company is ramping up capacity to meet strong demand, and Nasdeo expects revenue to continue to grow quickly this before leveling off next year at about $250 million per quarter.

"Margins will remain strong and we anticipate quarter-on-quarter growth as 2010 looks to be a breakout year for the company," Nasdeo wrote.