K: Since your initial May 15th Chicken Little foray onto this thread screaming that the sky was falling--when you proclaimed there was an after market sell order for a million shares at 23 going into the weekend, LSI has moved all of 1/16 point--up. Sorry to say, but no matter how much mania you have wasted, the stock has just kind of yawned at you, hasn't it? It has however, outperformed the SOX. And I for one haven't seen anything to indicate you have purchased LSI, since your posts indicate your strong conviction that LSI will drop to the high teens.
Now let's address your incessant complaint about management not getting the word out. First, you very self-righteously assured me that I had a lot to learn about analysts. Well, one thing I do know about analysts is this: The most powerful analyst in semiconductors today is Tom Kurlak of Merrill Lynch. And notwithstanding the feelings of certain thread members, he has a superb record of calling tops and bottoms--to wit INTC and MU. He is not perfect, but he earned his reputation, and people have made lots of money on his calls.
K: In case you have become too overwhelmed by your own unproductive frenzy, Mr. Kurlak recently upgraded LSI to an "accumulate" from a "hold" during your stay on this thread. And in this instance, I do accept you at your word, when you wrote of the power analysts have to move a stock. How did Mr. Kurlak come to this change? It was in response to a call from LSI management--the very same management you have incessantly derided. Given your ceaseless verbigeration about a management that doesen't do enough for its shareholders (a worn out theme that you have rehashed from other threads where you made similar meteoric appearances and disappearances), perhaps you can tell me what other single effort management could have taken other than initiating a successful phone call to the most powerful analyst in the business.
As far as management's commenting on the acquisition, LSI is in a quiet period; the conference call is a mere three weeks away; the purchase was obviously unexpected, so the prudent thing to do would be disregard the frentic impulses of short-term traders and provide an accurate picture of their recent purchase.
One final note from someone who still has a lot to learn but has enough acumen to have spoken to more CFOs than you ever will my friend. I have found LSI's IR department to be fair and even handed and not responsive to any daily market events but focused on the big picture. In my experience, I would give them a B+ compared to other companies with whom I have dealt. |
