Frank: I don't see much happening one way or the other. When you listen to the call, you have the idea that the individual analyst has already made up her mind. I do think that Mark Edelstone is starting to lean to LSI, but the 4Q numbers with lower margins will hurt upgrades. Drew Peck is starting to soften after having been burned last year on LSI. Erica Klauer does not seem favorably disposed to an upgrade. On the other hand, there were a few more analysts asking questions than at the last conference, which is a good sign. As I have said before, Shane has the potential to do just that if he is so inclined.
The other impression I have always gotten is that Wilf is a real matter of fact guy who has enormous confidence in the direction he is taking his company. He doesn't seem to care that much about quarter to quarter results, but rather sees himself as somewhat of a visionary. His vision is about to pay off, and it is just a matter of time before the market recognizes this.
My deepest conviction has now become just how phenomenal the Symbios purchase will be. Think about it. Broader array of products in high end storage. Great growth overseas for Symbios because of LSI contacts. Dirt cheap price paid at the trough of the worst decline in semis in 40 years. Huge potential in NT storage. Today, LSI gets nicked because of problems in SEA, including problems with its American customers, which is a phenomenon I predicted when I first joined this thread. But the future is all the much brighter because of the Symbios purchase. And of course K is full of it, when he complains about LSI not explaining itself to the investment community about the purchase since LSI will have a separate conference call with analysts once the purchase is finalized.
In between that time, I don't give a damn how much K spouts off. I have got MCATs to study for. Got to concentrate on the Cs in Carbon not the retrograde obligate intracellular parasites like K. |
