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

To: uu who wrote (23743)	3/27/2001 5:11:23 PM
From: sea_biscuit	Respond to of 25814

Even if numbers don't mean much, they do seem to mean something. LSI has almost never bottomed in the high teens. Somehow it always seems to be in the mid-to-upper single digits. So I think there is plenty of room to load up on LSI, if that is what you want. The rest of the year is not going to be easy for any company and while the market has factored in a bad Q2 or even a bad Q3, it seems to think that Q4 will be fine. By September or October, we will see what's really up with Q4 (and it won't be anywhere near as spectacular as is being thought of now) and the Naz could make one final descent into the 1300-1500 range, and if that happens, we will almost surely see LSI in the mid-to-high single digit range.

To: uu who wrote (23743)	3/29/2001 1:09:42 AM
From: Jock Hutchinson	Read Replies (2) \| Respond to of 25814

Addi: I will give you a thoughtful reply within the week.

To: uu who wrote (23743)	4/3/2001 6:50:08 PM
From: Jock Hutchinson	Read Replies (4) \| Respond to of 25814

Addi: My first concern with respect to LSI's valuation is costs incurred for starting up the new Tskuba fab. Beyond that, I think that much of what is in the future is already built into LSI's price. 1. LSI is currently selling at a price to sales ratio of 1.6 to 1. That is a terrific price for a company of LSI's quality. That's a great deal historically, and I seriously doubt whether the current market is going to allow for the kind of overbuilding of fabs that has harmed LSI in the past. 2. This is a clear bear market/recession market, and the first leaders in this market will always be the semi stocks. I see nothing that will change this in the future. 3. LSI has shown surprising strength in all but the blow off phase that we are currently seeing. Thus, I feel that my reentry of 18 was not as good as I could have gotten, I am satisfied that I will at least double if not triple my money over the next three years. LSI's price to book is also very compelling at these levels. We must remember that what drove down LSI's price a few years ago was the purchase of Symbios--a terrific purchase. And at these levels, C-Cube was an even better purchase. 4. LSI has strengthened its position in the critical IP component of its business. You are talking about buying high quality IP for 1.5 times sales. Give me a fricking break. That is dirt cheap 5. Now for this talk about the secular shift away from high tech. Nonsense. This is just the pause that refreshes, and the hand wringing cowards who were too frightened to go in when the big bull started in '95 now have their second chance. I for one am going to be fully invested within the next two days. Opportunities like this come along once every ten years. Remember the adage that the seeds of real wealth are always planted during the trough of bear markets. People who invest today in EMC, SUNW, PMCS, INTC, LSI, NSM, and CSCO will at least double their money over the next 18 months. As Officer Toody used to say Uh! Uh! Uh! Uh! Car 54 where are you. BY the way Dipy or Tony (or anyone) do you rmember who played Officer Francis Muldoon in that TV comedy.