I'll take $40 for LSI by June, $60 at end of year, $90 X'mas 2000.
For those who don't believe, just look at the new world by X'mas 2000 - DSL/cable modem access, no more traffic jams on Yahoo/Hotmail/Schwab/Etrade/MSN, digital cameras, net-appliances, home networked, web pads, HDV, DVDs, CDMA phones for free (and not through McDonalds either), PCs for $200, IP video phones etc. etc.
For SG - his industry not only is cyclic, but it also creates it own wealth. "All time high stock price" only reflects the wealth it is creating today and perhaps one year into the future. It does not reflect the wealth a few years down the road. Unless one believes this, might as well go invest in steel or grains.
patrick |
