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Technology Stocks : LSI Corporation

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To: uu who wrote (7606)11/1/1997 4:52:00 PM
From: Franklin M. Humphreys  Read Replies (1) of 25814
 
Addi, greetings. Sometimes your optimism on LSI mystifies me; but I have no quarrel at all with your assessment of the brokerage house up-grade/downgrade shell game. There are a number of shady characters involved in the senior management of these LARGE institutions. Along about Tuesday of this week the CEO of a rather famous house was interviewed on a popular channel. His attitude was one of unmitigated arrogance. He would have us believe that there is nothing what-so-ever wrong with continued full involvement in the equities market and that full trust and faith in his firm's advice is the only thing that will deliver us from the risks we might perceive in the near term. Watching, I wanted to puke; the more-so because HIS company in the last year was found guilty of ILLEGAL market activities and paid hefty fines as a consequence. To emphasise the point that House recommendations are good CONTRARIAN INDICATORS, just post them on the wall, throw the proverbial dart, and trade contrarily.
Frank.
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