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Technology Stocks : LSI Corporation

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To: Jock Hutchinson who wrote (14375)8/19/1998 2:42:00 PM
From: patrick tang  Read Replies (3) of 25814
 
The picture Wilf painted is bleak for the high end - if he is right, the while high tech sector should be tanking real soon. Either he is out of touch, as in his products are not as well positioned as he thinks i.e. his products are in obsolete systems, or else everybody else are wrong! Just look at CSCO/IBM go!

This is mid-Aug and he has no prediction for even Sept?! Even DRAM companies can forecast better than that!!

Poking fun at shorts 4 weeks into a quarter only to do an about-turn 2 weeks later! No wonder this co gets no respect in the investment community. At minimum, the mktg VP should be fired for having zero forward visibility into his business.

I hope that somebody do a hostile buy-out so I can get my money out fast, but I doubt it.

patrick
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