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Technology Stocks : LSI Corporation
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To: patrick tang who wrote (14380)8/19/1998 3:49:00 PM
From: frank/fla.  Read Replies (1) of 25814
 
.....talked to the company at length....They are back petaling as well as could be exspected....obviously someone leaked big time about the reason for the meeting yesterday which is a real confidence builder....their are more unknowns than before about Gresham, Sym, and especially business going forward. If asia and europe follow we could have a new plant with nothing coming out of it. My take is you will be able to buy this stock in the teens for well over a year...its not worth the capital and especially the frustration. The fish rots from the head down ...mgt. stinks...just look at the timing of all that has transpired...credability on the street is nil....I told them that if they have a story to tell they should get out there...they said we are calling analyst....THEN YOU DON'T REALLY HAVE A STORY.....they are hiding behind the Sym buyout as the reason for their silence....it doesn't wash and is bs....they swore that it wasn't a defensive move which many analyst had taken it to be, especially Mont. Secur. For the record IR reminds me of the guys defending Clinton long on loyalty short on knowing on whats really going on...I truly feel this will be a top in coming months....I'm out at 15 7/8 a loss of over 100000 and I feel I fought a good fight just for the wrong leadership , the loss is my mistake ,last time I looked I was a big boy and got in with both eyes open.... I wish you all well and will miss most of you....give my regards to Shane if he ever comes back....
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