SI
SI
discoversearch

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 ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
From: E_K_S7/5/2005 4:20:05 PM
  Read Replies (2) of 25814
 
LSI Logic Set to Raise the Roof

By Chris Kraeuter
TheStreet.com Staff Reporter
6/24/2005 9:40 AM EDT
(http://www.thestreet.com/_top/tech/chriskraeuter/10229468.html)
From the article:"...LSI Logic makes chips used to access and store data, voice and video. End products with its processors include MP3 players, DVD players and network switches.

But there are signs of growing strength in these sectors. Demand for DVD players, especially the advanced recordable kind that LSI specializes in, should increase through the end of the year as consumers again use the holiday period to spend substantially on electronics products. That strength can already be seen in LSI's increased forecasts for its current quarter. ..."

===============================================================

It look's like at long last the Semi-Cycle has kicked in and will now benefit LSI's "new" next generation product line. The question is how far and how long can LSI's revenues and profits benefit from this industry cycle run.

The next big resistance area for the stock is the $11.00 area and a breakthru this level may be a shot at the $18-$20 area short term. This run could happen fast w/i the next two or three quarters! A 1/2 retracement from the all time high of April 2000 ($76) would set a thirty six month target of $50.

History shows us that the biggest portion of the price rise happens in the first 1/3 of the larger semi-cycle run. So hold on for the next 11 months for a great run.

The play now is to hold your position and watch for the company to report higher revenues and profits for the next several quarters.

EKS
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News