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Technology Stocks : LSI Corporation -- Ignore unavailable to you. Want to Upgrade?

To: Mike Hermann who wrote (19247)	7/11/1999 11:24:00 PM
From: shane forbes	Read Replies (1) \| Respond to of 25814

If LSI were a small company that would work - does not work as well now when LSI has to build $1b+ fabs and won't work as well going forward unless the end markets cooperate or there are changes in the model (LSI being a fab for 3rd parties - Malay deal). Great ideas (SOC etc) can make employees richer and even mgt richer but the amount left to shareholders can diminish if the great idea does not become a great money making idea. I can invent/discover a cure for one of the most baffling diseases in the world but if the end market is too small or I can't produce my product at low enough costs or whatever, the only person who likely did well was me - the shareholders in the long run lose out. [In the short run, if you can 'trick' other idiots into believing your story - ex: some internet stocks and one hit wonders - and you get in early you can make a lot of money. But I consider this 'fraud' not 'investing' - it is more good PR and good salesmanship - 'selling of the story'.] Replace baffling disease with SOC and you have the LSI story with its poor ROE. But things are changing...