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: Andy M. who wrote (25631)	7/23/2003 11:57:37 PM
From: E_K_S	Read Replies (3) of 25814

It looks like LSI has turned the corner... from Briefing.com "...4:27PM LSI Logic beats by $0.06, guides for next quarter (LSI) 8.72 +0.32: Reports Q2 (Jun) loss of $0.02 per share, $0.06 better than the Reuters Research consensus of ($0.08); revenues fell 7% year/year to $407.2 mln vs the $406.0 mln consensus. For Q3, co guided net income per share (excl. items) in the range of $0.01 to $0.03 with sequential revenue growth of 8%-12%...." I only was able to pick up a few shares at the recent lows but now have my average cost below $5.00. Who says that the buy and hold (also selling covered calls along the way down) strategy does not work. Looking to see our next cycle run higher. Maybe we will revisit $22.5 in early 2004? EKS

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next