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 : Logic Devices
LOGC 7.9000.0%Jan 14 3:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Winner Victorious who wrote (63)4/3/1996 10:08:00 PM
From: BULL   of 141
 
Winner

Thanks for your input. You make some great points particularly with regards to how unpolished the public relations people. But what interested me most in your note is that you mentioned that they have addressed or are addressing the problems (e.g., wafer supply) and that they have a good long term record. From that stand point I am optimistic... it sounds like there is some "hidden" value in the stock
that may be discovered with a turnaround in earnings. As far as the CEO saying in August that the stock should be around $10... my assessment is that he could not control that, the semiconductors started their nose dive in September affecting all companies in the group and since LOGC has exposure to SRAM they were hit just like the other companies.

I guess for the time being I will stick it out and see what happens. I only put about 5% of my portfolio in this stock, so I won't be losing any sleep over a downturn in this stock.

What stocks are you currently buying, or watching? I have been watching ORCL, today the stock took a beating due to bad news from Sybase about projected earnings, yet Sybase was up. How do you explain that? this is a wierd time in the stock market.

Again, thanks for your input.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext