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Technology Stocks : LSI Logic (why the panic?)

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From: Joe Wagner3/8/1996 8:07:00 PM
   of 24
 
Scott, I am a Long Term investor on this. When
LSI takes off I don't want to miss it. Look at
Cube. What if you had owned Cube and sold it in September.
Back then there was good reason to sell because most of the tech
stocks were way too high. But now, they have been beaten
up pretty bad.

Short Term I think there "could" be a drop, if the Book to Bill
is lower than expected. For example if we get a real shocker
like .80 then I think there could be a drop to around 22 or 21.
My outlook is that this would be the ideal time to buy because I think
it will get better from here on out. LSI has a bright future and sales
will eventually be very strong. If we get a positive BTB then I think we
have seen the lowest price today at $24.875.

Long Term I think it will definitely beat out the money market rates.
Short Term it is possible it could go lower.
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