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Technology Stocks : LSI Corporation

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To: dr_elis who wrote (25305)10/7/2002 2:29:14 PM
From: sea_biscuit  Read Replies (1) of 25814
 
Hi All:

Thought I better post this today, two days before the 7th anniversary of this
thread, since I'm not sure if I will have the chance to post it on the exact date,
i.e. October 9th...

"I think LSI Logic is a good buy at $5.5, it declines from
8 to 5.5 in less than a month for no good reason besides
panic about the so-called correction on technical stocks.
LSI will double its revenue to three (or two?) billion
next year, and is a leader in the ASIC market with its
new "thingamajig++" technology.

Anybody has any opinion on this?" :-)

P.S. : I used the same post that I had made a year ago
(which, in turn, was based on what the originator
of this thread stated seven years ago)...

Just had to change the following :

(a) the numbers from 13 to 5.5, and 17 to 8
(b) the revenue-target phrase from "four (or three?)"
to "three (or two?)"
(c) the buzzword "thingamajig" to "thingamajig++"

:-)

P.P.S. : I can probably use the same post for NEXT year
too. I may have to lower the numbers a little
bit, perhaps! ;-)

Happy 7th anniversary to this thread!
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