To: Jock Hutchinson who wrote (18727 ) 6/13/1999 11:45:00 PM From: shane forbes Read Replies (3) | Respond to of 25814
Short and Sweet: - Comment One: You still don't get it. I should not have wasted my time doing those examples with numbers because it is NOW CLEAR TO ME YOU ARE A MATH DUD. Wasting my time. - Comment Two: 'Sentence is meaningless'. You're kidding? Duh, you're darn right I mean projected. This is still mid-1999 after all! If the rate is not a projected one then it has to be a current year rate or a historical rate. The latter 2 are not possible as this is still just mid-1999. Like your misunderstanding of the word 'average' it amazes me that you have trouble with simple things. K the Investor (sp?) at least did not have a trouble understanding simple stuff! I should go back and see his/her criticisms of you. (I read that stuff a long time after it all happened.) If I recall correctly he/she made the same observations that I see:- You don't understand English - Your experience has taught you nothing. To which I will add:- You can't do arithmetic. - Comment Three: No I was editing it but I ran out of time. The reason you will never see 1.85 billion or pro-forma Q'98 revenues is not, as you say, because it is a disservice to LSI shareholders et al to do so BUT BECAUSE LSI USED PURCHASE ACCOUNTING. Look it up. I assume your flaunting of 30 years experience and your GRANDIOSE BS are all good for nothing. Check out companies that used pooling accounting and you will see that they very definitely use pro-forma revenue comparisons. So there! - Comment Four: 9%? Old Porteus would be proud. I initially said 2.15 b is the 1999 'average' number excluding Seek revs. I then said 1.85*1.15 (= 2.13 b) ignoring Symbios storage systems' higher growth rate. YET YOU STARTED USING YOUR OWN NUMBER OF 2.1 b? WHY? BECAUSE THE 2.13 or the 2.15 or the 15% average was caught in the 'transcription' I suppose? My best guess is that by the time your eyes take in the information, your head processes it and your hands write it, what started out as Michael Jordan ends up as Dennis Rodman. Think about the 2.1 b. IN A VERY REAL SENSE YOU ARE HAVING A TIZZY ARGUING WITH YOURSELF THAT this number IS NOT POSSIBLE. I did not mention 2.1b. Caught in the transcription again? This was my point. 9% is good enough for 2.1b BUT I did not say 2.1 b. So 9% is not the right number! I gave you a hint in a previous post when I showed you the input into my calculator. But as usual any thing slightly above average and it flies right above your head. No surprise here. Unrelated to your post: - Nice to see someone else catching your math errors. Message 9972622 regarding this:Message 9894346 What you did was multiply the 591 by an extra 1.09 to get 644. I spotted it and just shook my head. As I said earlier you lawyer types are famous (in my experience) for making the most egregious mathematical errors. And again you have done so. Let's see that's a screw up in 3 multiplications? Good job. Fortunately for you there is more than enough bandwidth to continue to humiliate yourself. So keep going! I'm sure your kindergarten teacher as in: Well here we go now with special thanks to Ms. Van Der Bosch, my Kindergarten teacher at Park View School in Morton Grove, Illinois. will be so proud. SIA has revised the growth rate but not to the mid-teens that Corrigan had suggested. So NOW 'average' is 1.85 * 1.12. If you don't like 1.85 b sue me. From now on I will end my LSI posts with: 'The base revenues for LSI were $1.85 billion in 1998; the Symbios assets that LSI bought were not written down (except for bogus accounting crap); LSI has not indicated that they discontinued anything significant in the Symbios product line'; LSI will not compare the pro-forma 1998 numbers because they used purchase accounting and not pooling to buy Symbios. It is NOT because, as Jock says: "It would be a terrible disservice to the company, shareholders, and the public in general.". Give me a freakin' break.' I figure that if you see it a hundred times it will sink in. PS: I had no intention of posting this now but Windows 95 Explorer has crashed again and I can't save it to my hard drive. Windows 95 = JUNK. How to prevent freezes while surfing the net? Throw out Internet Explorer and use Netscape Navigator (or likely anything else!) instead.