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Technology Stocks : LSI is a sell

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To: David Chang who wrote (10)3/21/1997 2:11:00 PM
From: sfspike   of 32
 
Wow, are you saying lsi may grow to 5 billion in revenues by 2001. That would be great. Basically, I think the mm's will pound this stock again, not too badly. I just think people should maybe considering selling then buying back after it gets pounded. I doubt the beating will be hard, but that is the basis for calling lsi a sell. Of course, no one at lsi or any where else could tell when or if the mm's will do there thing. However, i think it should happen with this stocks volatility. I do like the company and it prospects for the future. I know the chip industry is supposed to continue to grow. Look at intc's stock right now, that is about all i'm saying. The company is the BEST out there. It's stock has gotten beaten up as of late. This is bound to happen to even the best companies and stocks. Just because Intc just got beaten up doesn't mean anything for the company.
What exactly do you do at lsi, design chips, what? How do you like working there, is it a good job with nice managers?
I think you should share your comments with those on the lsi is a good buy thread. I think we would all appreciate hearing more about this company from someone who actually works there.

Thanks,

oh, I think lsi should trade in a range of 28-38 over the next say 4 -6 months. After that, the range should go up to maybe 41 -51. Basically, how this stock trades in the next 3 months will depend on how the "street reacts to earnings. It's not fair how they beat companies up with good long term prospects just because its earnings are off by less than 10%. But if you short term performance is all y9ou care about, I guess that's what you have to do. By the way, I am a long term bull on this.
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