LSI Corporation Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : LSI Corporation

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: The Phoenix who wrote (22122)	3/28/2001 2:15:27 PM
From: sea_biscuit	Read Replies (1) of 25814

Well, now we see why personal income and spending is important, even for a company like Cisco that sells its wares to non-consumers. The stock has come down 80% from its highs, since I posted here that it was ENORMOUSLY overvalued. It's been less than a year, but what a difference it has made! How low can it go from here? I would say mid-to-high single digits. But that won't be the shocker. The shocker will be that it will stay at these levels for a long, long time a la the IBM of the early 70's. Remember it took over 2 decades for IBM to get back to its highs? And IBM was one of the successful ones that managed to survive...

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next