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 (25492)	1/28/2003 7:59:03 PM
From: Duane L. Olson	of 25814

Well, I don't know, Dipy....you have a point, and you have been around quite a while youself.... I'm basing my "triple" from the low on my current understanding that LSI will be good for at least $.52 in earnings in the '04 time frame, and close to a buck in '05. Once LSI "turns the corner", I see LSI trading at a PE of 25 on forward earnings.... and 25 X $.52 comes to 13 -- I only need 12 for my triple. If there is appears to be a good chance that LSI will actually come close to that buck/share in '05, I could see LSI trading above 20 during 2004. I assume you aren't going to allow me more than 12-13 months from the low for my projection, but I might be able to squeeze that "20" into the 13 month (from low) time frame.... just mho, of course.... but we had similar chances coming out of the '57 market, the '64 market, and our famous '74 market.... so we'll see if we get the same chance here... dlo

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next