AGREED! A neutral (hold) gets you $30 over the next year. LSI can
easily get $2.00 earnings with the cost cutting they have done and a
normal up-cycle in semis. BUT, if DVD, DCAM, Symbios, PlayStation II,
CSCO equip.,etc. hit then $4.00 is not out of the question over the
next few years. This is what keeps me here, but frustrated. How does
one reach through the 'Net and shake management? Perhaps Mr. Corrigan's
break-even on 120,000 shares is enough to do it. Let's hope so.
Unlike Addi, I am NOT anti-analyst. $30 is ridiculous for a "strong
buy", but you have to know how the game is played. Failure to make
$30 results in coverage of LSI being dropped with nary a word. Should
$30 be achieved, praise all around with much publicity and a raising
of the target to $50. Thereafter, more praise at $50.
Strong buy is $30 in another 12 months!?.....
o~~~ O |
