After speaking with Monolithic Power's management regarding the selloff in the shares following a company's presentation at a conference, Needham analyst N. Quinn Bolton believes comments related to a change in its customer's ordering patterns to more normal levels may have been misconstrued. The company has been experiencing order patterns above historical levels, he notes, but Monolithic Power has been tracking and taking measures to prevent channel build up with OEMs and distributors during this time. Given the company's efforts to prevent increases in channel inventory, Bolton believes the impact will be minimal as orders normalize. He reiterates a Buy rating and $155 price target on the shares.