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


To: Beachbumm who wrote (20757)12/6/1999 4:08:00 PM
From: uu  Read Replies (1) | Respond to of 25814
 
beachbumm:

I could not agree with you anymore. However, as long as everyone thinks the market is overvalued it will continue to be overvalued and move higher. I looked at SUNW today for example, and could not believe it. The Company has a market cap of over $110 Billion, while Hewlette Packard is at around $105 Billion, and then we have Lucent with a market cap of $250 Billion! Astronomical numbers in the case of LU and SUNW, but no one seems to pay any attention or if they do they think of it as just some number on some paper.

Anyway, LSI on the other hand continues to be undervalued compare to these other stocks. Heck if SUNW can beat HP in market cap, I think LSI can also easily beat - or at least come close - to Intel's market cap!!

Meanwhile I continue to hold all my high techs despite all of them being way overvalued (excluding LSI of course) till such time that I sense a sense of sanity making its way into the market.
Regards,

Addi Jamshidi