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Technology Stocks : LSI Corporation

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To: uu who wrote (13752)	7/21/1998 4:21:00 PM
From: DavidG	Read Replies (1) of 25814

Addi, As you know I am no advocate for ANY of the analysts that are out there, including Tom Kurlak...but given that Kurlak was the last one that LSI apparently met with and then ML upgraded LSI, the company must have had some good forward looking news. Since then there was this nonsense about Sony not giving LSI the logic function for the Playstation II and LSI's IR indicated that Kurlak got the latest info, implying the rumors are false. Now maybe Kurlak had/has a motive for his upgrade but, IMO it is also obvious that Montgomery ALSO has a motive for knocking LSI right before earnings(MAYBE b/c they are on the wrong side). As E so accurately pointed out, Montgomery was also the one who downgraded BBRC right before its earnings yesterday and they were also WRONG on that...which of course doesn't mean they didn't make money on the call...if you know what I mean.<g> As far as K "the chicken little" Investor, just think about what he has been bringing to the thread since the beginning. Nothing but negativity and doomsday emotion. Now this is from someone who claims to have bought 75000 shares of LSI not to long ago. He also complained and cautioned us as it went to 25. Now wouldn't one expect him to sell at least some of it at that point if he was so worried....duh. ...so as we must question him and his ulterior motives we must also question any and all analysts since they all play with a different set of rules then most of us have grown up and become accustomed to. I say to everyone long LSI don't get discouraged and just wait to Thursday and if you had a plan to average down at this point...well why not???? after all there wasn't any negative news from LSI to change our minds....besides IT IS TOO LATE TO DO ANYTHING ELSE!!! Good Luck DavidG

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