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Technology Stocks : LSI Corporation
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To: patrick tang who wrote (18335)5/3/1999 7:04:00 AM
From: Robert Scott  Read Replies (2) of 25814
 
I agree - I think they are set for a period of sustained high growth and earnings. Chip stocks are cyclical and if they sell off now, we have a great buying point. Look at the period from 1992-3 through 1995 - I believe we are at a time like 1992-3, I look for a triple from here over the next 2-3 years. I own 550 shares but would like to increase this to well over 1000 over the next 2 months. Fall and through January is usually a good time for these stocks and so buying before the end of July is usually a good move. However, Y2K may skew this somewhat.
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