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Technology Stocks : LSI Corporation
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To: sea_biscuit who wrote (23685)3/5/2001 12:54:36 PM
From: Proud_Infidel  Read Replies (3) of 25814
 
I would agree with your hypothesis of waiting for 20 instead of buying at $16.50 if I had absolutely no faith that semis would come back anytime soon. That being said, I believe they will coem back strong later this year or in early '02. You could earn 4%, maybe 5% in a money market fund. However, it would take about 4 years of 5% interest to get over $20 from $16.50. Do you really believe that LSI will not surpass $20 within 4 years? That is certainly not a bet I would make.

BK
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