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


To: Jock Hutchinson who wrote (19484)7/22/1999 1:35:00 AM
From: shane forbes  Read Replies (4) | Respond to of 25814
 
"Ah gee, the forward looking sentiments is what killed LSI in 4Q '95. I remember distinctly that the day 4Q earnings were announced, LSI had a climatic sell-off at 22 from a high of 65 less than four months earlier."

Wrong in 3 places in the above. Here we go again...

Nuff said.

Good night. Time to eat.

And BTW I like the way you showed all of us how you "derived" $160 'in 12 months' and forgot that 12 months means by the end of July 2000. Ha Ha... Unless you expect LSI to trade on 2001 earnings by mid July 2000 based on a forward P/E of 40. Hmm... Ha again. The target may be right the reasoing 'diffuse', the calculation of timing suggests buying a new calculator. And none of this rebuke begins to address how you 'derived' your $4.00 EPS. That is another joke. Ha. Don't quit your 'day job'...



To: Jock Hutchinson who wrote (19484)7/22/1999 2:13:00 PM
From: sea_biscuit  Read Replies (1) | Respond to of 25814
 

LSI had a climatic sell-off at 22 from a high of 65 less than four months earlier.

I don't think it went to 22 between Oct 95 and Jan 96. But I do remember it was more than cut in half within 4 months, and went well under 30. Of course, by June or July 96, it broke the 20 "barrier" <G>

That was a nearly 70% decline in about 9 months... pretty dramatic. And if I remember right, it all started with an analyst downgrade (Soundview?) somewhere around Sep or Oct 95...