LSI Corporation Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : LSI Corporation

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: sea_biscuit who wrote (22584)	8/8/2000 7:27:10 PM
From: Tony Viola	Read Replies (3) of 25814

Dipy, speaking of Brinker, I think he just got a couple of coffin nails in his prediction for a Nasdaq collapse today. 1. Non-farm productivity figure that was much better than estimates and in fact the best since 1983. +5.1%, I believe. 2. Cisco's earnings, or more exactly, their revenues: +60.7% YOY. This was one of his "vestal virgins", a new term for him, that he was implying all during his weekend shows might "blow up" if their earnings weren't perfect. Unforunately for him, they were. His other new pathetic term is "earnings growth recession" or something like that, meaning companies' lower growth rates because of all the rate hikes. He just had to get the word recession in there. He sounds to me like he's praying to the cave bear for everything to go wrong to support his bearish call. The point is -- when the valuations get to nosebleed levels (there was a time in late Feb - early March when LSI rose by 50% in just a couple of weeks or even less) you have to take at least some money off the table. But it looks like it is a little too late for some people now. Rubbing it in a little? Didn't seem like your style before. Tony

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next