Re selling LSI, I know some of you do the TA thing, and decide it's best to get out of LSI from time to time, and that's fine. I'd just like to say that fundamentally (anyone remember that stuff?) LSI is in fantastic shape, IMO, compared with most of the chip stocks that ran wild in 1999. They've got four quarters of positive earnings behind them, the last being 33 cents a share. That's more than Cisco, EMC, PMCS, CNXT, VTSS and a lot of other much higher flying stocks made. EPS should only get better as we go. 2000 EPS Zack's estimate $2.19. Going forward, I think LSI's six market segments are all the right ones. I don't guess stock prices, but unless we crash, LSI ought to go a lot higher, especially with the chip boom just in the third inning, or something.
I'm holding.
Tony |
