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Technology Stocks : LSI Corporation
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To: sea_biscuit who wrote (17680)4/5/1999 8:39:00 AM
From: Jock Hutchinson  Read Replies (1) of 25814
 
Fair enough Dippy, but quite frankly, I think that you are talking out of both sides of your mouth when you espouse the doctrine of long term investing. For example, below is the chart that compares LSI's performance the past seven years versus your darling--Phillip Morris. As you can see, during the past seven years, LSI has gone up over 1100 percent as opposed to Phillip Morris, which has not even gone up 30 percent. That's an awful lot of potential profit that has gone up in smoke for the investor in big MO. And clearly, no one would have any compelling moral reason to hold a stock in this cholesterol raising, beer gut busting, lung clogging monster. And I will tell you this outright. In two years from now, the return on LSI from today's price will be vastly superior to MO's

techstocks.com

Look like a huge day for the techs in general. Wonder how this translates to the semis.
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