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Technology Stocks : LSI Corporation
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To: thomas hayden who wrote (15785)10/21/1998 6:48:00 PM
From: john dodson  Read Replies (2) of 25814
 
I e-mailed Jim Jubank and asked him why he would sell LSI at the
multi-year low. Here's his response (along with my question):

Subject: RE: Drop LSI
Date: Wed, 21 Oct 1998 10:18:39 -0700
From: Jim Jubak <jjubak@microsoft.com>
To: "jdods@ibm.net'" <jdods@ibm.net>

Well if I believed that LSI would be a $20 a year from now that's true. I
think we differ on the schedule for any recovery in the company's business.
If Asia is crawling off the bottom by June, you're probably right. If the
bottom isn't until 2000, then you're holding dead money. I believe the
latter--but if the economic recovery is faster, you'll make the money you
project.

> Jim,
>
> I respect your honesty with LSI. However, isn't dropping it now at the
> multi-year low the dumbest thing you could do?
>
> LSI will easily be $20 a year from now, with a good chance of $30.
> That's 100%-200% gain in 12 months? Pray tell are you putting the LSI
> proceeds into that could come close to that?
>
> Thanks,
>
> John Dodson

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