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  
To: john o who wrote (7602)11/1/1997 2:39:00 AM
From: sea_biscuit   of 25814
 
An additional comment about Value Line. I tend to look more closely at the "Stock Price Stability" and "Earnings Predictability" numbers at the bottom right corner. I feel that the 3-5 year projections can be relied upon only if those numbers are fairly high.

For LSI the two numbers are (from the April 1997 edition) -- 5 and 10 (on a scale of 0 to 100, mind you). Which is really pathetic! What it tells me is that whenever LSI makes a rapid upward move in a short time, it is more than likely to come back. That's when I usually sell (like I did when it hit 42 earlier this year).

I think looking merely at the 3-5 year projections without looking at the other statistics can lead us astray. Take Sysco (SYY) for instance. A "stock price stability" of 75 and an "earnings predictability" of 100! Now, that is what makes me feel very comfortable about the 1999-2001 target of $55. Same Value Line. But different stock!

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