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


To: sea_biscuit who wrote (24149)9/19/2001 7:35:02 PM
From: uu  Read Replies (1) | Respond to of 25814
 
Thank you for pointing that out.

A couple of points:

a) Under the same economic conditions of the time (and as I stated in that post)"with productivity increasing at an exponential rate with unemployment continuing to drop in a prosperous economic environment where the very foundation of the economy is becoming dependent at an exponential rate on technology and the so called internet's explosive revolution", I would still stand by what I stated (in that very same post):

With traditional standards of 100 years ago, yes these stocks are overvalued, however by looking into the present and future these stocks are extremely undervalued!

Obviously the economic times have now changed beyond anyone could have imagined.

And Dont tell me you knew the current economic climate would arrive at that time, because we both know it is NOT true. Your bearishness has been for all the wrong reasons, and my bullishness was for all the right reasons at the time.

b) Never - ever - I recommended anyone to buy LSI at any price. I think I once mentioned buying LSI at around $24-$25 might be a good idea - but again I am not so sure about that either. (I did accumulate last year a bit more myself when it was at around $32-34/shr).

IN any event, I am sure I will have my day under the sun sometime too, at which time I am looking forward to point you to all your posts! :)