Jocko,
I am glad you feel good about your very long term investment. As I have said, every coin has two sides and you are only looking at one. Side #2 is face up now and probability suggests side #1 will have to show up sooner or later. I say that won't happen in a consistent way until earnings can show improvement and that won't be until mid 99 at best IMO. A bump up in price could happen at any time in this mother of all bull markets, but sell into it because it won't hold in this industry setting, made worse by a slowing world economy. For LSI, Q4 has the potential for disaster in terms of eps. Again, I don't know what that means for the stock price given current levels.
BTW, I believe you have misunderstood several key facts from the past two conf calls, because you continue to hear with your heart and not with your ears. If you think Wilf said eps would be up in Q4 I suggest you call LSI IR and have them confirm it for you. If they refuse to comment, then you know you misunderstood. If they do confirm that statement, I will admit I am the one that didn't listen carefully. Just report what you find back here, I know you would not purposely mislead the poor souls reading this thread. |
