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Technology Stocks : LSI Corporation
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To: Duane L. Olson who wrote (7970)11/26/1997 1:54:00 AM
From: shane forbes  Read Replies (1) of 25814
 
-- 42% ot --
OSO you know you should have used the ot thing. Any time now we are going to get the lurker group abusing us for half a zillion posts with nothing of LSI... I was never found... E!'s right about LSI - there's very little interest in the stock right now - it's been dumped heavily - that's why it does not seem to go down with the rest of the market and is exhibiting small cap type volume. Must be a flood of limit sells above $25. Tax selling is upon us so let's just see. Sally's rarely wrong so the wise ones amongst us are going to make 10-20% as the stock goes up to $27 in the coming weeks. But I'm sticking to $19 or $20 forecast because I like being a contrarian and wishing my stocks go up when the market takes them down and wishing they go down just when the market takes them up.

P.S. Doubles are great but what you really want are the 7.5 baggers or better. They make you rich. Problem setting up price targets is that you become a ticker watcher. If l/t focus should be on growing the business and first thing in growing a business is top-line growth and hence my theory that if we set revenue goals as targets the focus automatically becomes one of watching the business grow and sticking with the business until it really grows grows and grows. Then you get your 7.5 bagger without losing hair, turning grey and going deaf in the interim period. More difficult with bigger stocks because much more difficult to predict revenue growth when the business has 2 zillion segments and mgt. talent is spread out thin.
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