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


To: uu who wrote (19682)8/11/1999 8:40:00 PM
From: Jock Hutchinson  Respond to of 25814
 
Not true Addi: Most analysts went south on LSI after the 3Q '97 CC. At the time, LSI was 24 and change. Only a year and half later did the majority of the analysts jump back in at the same price.

There was of course one exception, and that was Erica Klauer who did go south on LSI after it hit 12 and later went north on LSI after it reached into the 30s. I have not disguised my contempt for her one iota.



To: uu who wrote (19682)8/12/1999 8:34:00 AM
From: Jock Hutchinson  Read Replies (2) | Respond to of 25814
 
My point is: one (and by this I mean the little guy on the street like most of us on this thread) - should never - ever - never buy or sell a stock based on the words of some analyst.

To the contrary Addi, the best way to make money long-term is to listen to the advice of the most respected analysts in their field--keeping in mind that the semi business is one of the most difficult. The best way to make money in the market that I know of is to get a subscription to Zacks, and rigorously pay attention to the stocks rated "1", and sell when they go down to a "2". People who have done that for the past twenty years, have outperformed the market by a significant margin.

For those who do not know, the Zacks service is based upon not only analysts' upgrades, but more importantly analysts' earnings revisions.