The only thing I was wrong about was this thing going to
27-30 after earnings and that was because WILF lied, not me.
Well, let me see now. You repeatedly called LSI management liars before the earnings conference call, but you still persisted in saying the stock would hit 27 to 30, and the stock is now just short of 20. You really are quite the soothsayer now aren't you?
He knew playstation pricing was
going to come down and he knew it would be a BIG hit, but funny he never mentioned it
until after the fact.
The major reason for the decline in Playstation profits was the drop in the yen. Moreover, the pricing for Playstation is now at its contractual low, and it has been previously stated that there would be a drop in prices on the Playstation MPU. That's a very common practice.
With a new fab coming online there is no way to replace lost revenue
like that.
Actually Wilf came within one percentage point of hitting his revenue growth prediction for this past quarter and was a penny shy of estimates despite the worst quarter for semis since 1990. No way to replace lost revenue? That is as manic-depressive as it gets. Less than a year ago, Playstation accounted for about 20 percent of LSI's revenues, and during this most recent quarter it accounted for less than 10 percent of LSI's revenues. During the same time period, which saw a continued slump in the semi business, LSI still held steady on their revenues. Thus, it is obvious to even the most mathematically and emotionally challenged that LSI did replace Playstation revenue. And with the addition of Symbios, Playstation becomes just another client since it will account for only 6% of LSI's revenues.
He is the one that has mislead people not me.
Of course K, you dah man. Wilf is a liar who has provided a 400 percent return to his investors over the past 8 years with superior returns to come. You by contrast are a great man who depending upon what side of the corpus callosum you function on today are a lawyer, long LSI, short LSI, rich from IDTI, busted by IDTI, working on your second mortgage, or working on your third mortgage.
Now, if history proves true you will be called a liar and a short because you are telling
people that there continues to be heavy institutional selling in this stock. I have been
saying that since 27 and Jocko and friends have been all over me for it, calling me every
name in the book.
All great men have been persecuted at some point or another.
Well, the results are in and they have been proven wrong. Why you
are now on my case I don't know, but you are saying the things that I was saying from
27 all the way down to 20.
I suppose that means that LSI was going to go to 27 to 30 (see paragraph above)
I guess you also are feeling pretty silly about your lsi
purchase and you are taking it out on me. Dont blame me, blame Wilf, he is the one that
mislead many people (including Kurlack).
Hey K! You think Tom is pissed at you. He blames me for losing Jane to Teddy. Whatever happened to John Froines and Lee Weiner anyway?
It will be quite some time before institutional
ownership of this stock moves significantly higher, managment simply cant be trusted. I
would advise you to sell at the next bounce as well, otherwise you are looking at dead
money for quite some time.
Dead money? Is that the sort of thing where you buy 75,000 shares of LSI at 21 and ¬, hoping to make a quick buck, and then sell it at a loss two months later. Granted, that's a superior return compared to losing half of your money on IDTI in two years.
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