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Technology Stocks : LSI Corporation

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To: Tony Viola who wrote (19017)6/22/1999 11:43:00 PM
From: sea_biscuit   of 25814
 

Yes, I don't own any of them. I own TVFQX though and remember seeing them having a 12% stake in PMCS sometime ago...

And your mention of TXN makes me state this : It was one of the "Nifty Fifty" stocks in 1972. Even though the company continued to exist, continued to develop new products, and continued to make profits, its returns going forward over the next 25 YEARS, was dismal -- TXN returned 9.0% annualized from December 1972 to June 1997 (compared to 12.9% annualized for the S&P 500 over the same period).

Just something to keep in mind when we chase today's tech darlings...

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