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Technology Stocks : LSI Corporation

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To: who started this subject	7/10/2002 9:37:09 AM
From: uu	Read Replies (2) of 25814

It continues to amaze me beyond any words can express. Merril Lynch came out this morning and upgraded Cisco to a STRONG BUY forecasting that it will see a huge revenue surge by the end of the year. Ok... as a CSCO share holder I for one sure hope these guys are right. But then wait a minute... Merril just downgraded all the semi equip makers along with literally every single semi company on this planet! I mean if Cisco sees a surge in revenue, it follows that Cisco will order leading edge semis at 0.13 um. 0.13 um is in short supply at various fabs and hence equipment would need to be ordered. It is sort of contradiction in terms, OR that the usual pump and dump! And the worst part is even after all this, people do not seem to learn their lessons and follow like a bunch of lamb. The futures were down big time, and then after Merril's upgrade they turned positive! And I have a feeling we will see a surge in the stock prices early on before the big guys (the same Merril brokers and analysts) start dumping, and the little guys as always end up holding the bags.. But they deserve it if they are still willing to act strictly based on what these charlatans say. I wished SEC would really do something about these chrlatans.

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