John D. you are right on about Q-2. LSI had great numbers
Y to Y, I haven't listened to the replay yet, but intend to.
From what I've heard, they had some storage component shortage, and a delay in an order which will book in Q-3.
Big deal, what I find funny is the typical over reaction,
but hey that's opportunity for long positions. I would like
to point out that they hit their earnings on less revenue,
HELLO PEOPLE.......... That spells out rising MARGINS, and
given the typical strong second half for the consumer related business that LSI kicks butt in a buy here or, even
better, the upper 30's, will spell out at least a 60 % return by years end. Hey I have a lot of margin power I have
been saving for just such a deal. Bottom line, congratulations to the short money out there, but the screw
turns both ways.
Take care
Henry |
