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Technology Stocks : LSI Corporation

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To: Doug who wrote (7439)10/26/1997 9:01:00 PM
From: Mark The Trader  Read Replies (3) of 25814
 
I am going to guess that when LSI had a price to sales ratio of less then 1 the techs were way out of favor and LSI was losing money or barely making any. Unless the whole market falls apart or some drastic bad news surfaces for LSI I dont see it trading that low. That would equate to a price of around 12 or so (dont have resources in front of me for an acurate figure). So currently LSI has a 2X price to sales ratio.

Mark
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