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Technology Stocks : LSI Corporation

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To: Hightechhooper who wrote (13314)6/29/1998 8:50:00 PM
From: DavidG  Read Replies (1) of 25814
 
K,

I don't think I lost the battle, but one thing is for sure, you lost your mind. You asked me to give you a price that I thought LSI was worth now, with the acquisition, and you chose to criticize me for offering it. I thought it was MY fair assessment, which may be shared by many regulars on this thread. Just search on Beachbums posts and you will know where we all stand.

As far as LSI's recent price performance, I'll let you in on a little secret, the technicals were not looking that great and on Friday... LSI closed at its lowest point in a week. Therefore todays performance was very good. Sure the market is indecisive, and sure the Lemmings are waiting for direction, but when the smoke clears I believe LSI take off, kinda of the way I wish you would.<g>...only kidding buy you really can be a nudge for the silliest positions you take.

Anyway, I am not crazy about Wilf as a CEO either, I don't think a brilliant scientist should be rewarded the highest position in the company even though he is responsible for LSI. The new LSI is now probably a $4-5 billion company and we might do better with a more qualified CEO.

DavidG
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