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

To: sea_biscuit who wrote (24173)	9/23/2001 12:40:00 AM
From: uu	Read Replies (3) \| Respond to of 25814

Dipy, 5 years from now, you will still be here on these boards trying to make sense out of the markets and why stocks go up and why they go down, and try very hard to push your "I am right and you are wrong" mentality to everyone you come accross with. But face it my friend, stocks go up, and they go down, and go up again and go down again and up again, and you would not be doing anything about it but to talk about it instead! You just sit there, watch it and try to justify your lack of desires or ambitions for not taking risks in life to move forward. But let me tell you one thing Dipy, my good cyber friend. I came to this country from Iran when I was 16 about 24 years ago right before the fundamentalists took over and destoryed what used to be called Iran. I learned very fast that in order to be successful in this great country one has to have the absolute faith in a better future, and to be optimistic about anything and everything. Ambitions and the desire to succeed come from being positive and having an optimistic view of the world and future. And believe me from personal experience that has worked out great for me to this date and I am thankful to god and to this country. I guess I can never come to truly understand what you are trying so hard to push. You call your gloom-and-doom songs as being a realist, and I call it a classic stagnation pessimistic attitude and mentality of someone who is afraid of the very life itself! Markets go up and go down and up again. I have and will always be the greatest bull you ever come to see. And Yes I do believe that someday LSI will be at $100 or even $250/shr. Perhaps not tomorrow, or the day after, But 5-10 years from now it will be there. And I tell you why? Because companies like LSI, Intel, Microsoft, Cisco, Vitess, or what have you define how you and I will be living in the future. And these companies themselves are defined by people like you and I. And most of us are strong believer of moving forward for the better. I do believe in people and what each of us can do given the freedom and the opportunity to accomplish our ambitions for a better future. And I can not think of anywhere else in the world but this country where this freedom to achieve progress for the better exists. That is why you have the Intels, LSIs, Microsofts, Ciscos of the world. Stagnation and pessimism do not exist in our vocabularies. Sure things are down, but that is the law of life: 2 steps forward, 1 step backward. If life is to grow for the better I am most confident the instruments that help that growth (the likes of LSI, Csco, etc.) also grow beyond you can even start to imagine. You talk about valuations? Exactly what is valuation? To perhaps make you better understand one veyr fundamental factor about valuations let me give you an analogy. I am not an art expert, and therefore I can never understand why anyone would pay $20 million for a Van Gough painting. And I have always tried to go ahead and make sense out of it and call it absolutely idiotic for someone to pay $20 million for a painting of a tree and a bunch of flowers. But you know what? There are people who are willing to pay that much. You can call them stupid, but you can not change the fact about the valuation of a Van Gough painting. You continue with your smart-ass analysis trying to make sense out of the markets and predict the gloom-and-doom. I - nor anyone else - can argue with you for which we are down now and facts as they are presented are on your side at this moment in time! But just take my word for this, there comes a day - and not too far away from now - that you and the likes of you wonder what it was that you were thinking (although never admitting that you were wrong). Just look at your posts in 1998 on this very same thread and the same type of gloom-and-doom songs you were singing then about the techs (and the likes of LSI) durin the Asian crisis. I tried to find your post but could not do so, but I recall in that year you had claimed techs would never be back to the levels they had been in 1995-97 - but of course only to see the biggest run ever during the following 2 years! And for all I know techs may stay down and continue to go down fuirther for the next 2 years -- but your illusive analysis of a gloom-and-doom pessimistic future for them is similar to what the President of the US Ptent Office said in 1899 at the turn of the century "I believe everything than man ever wanted now or in the future has already been invented and there will never be a useful invention in the future!" And one more thing - I know now that we are definitely at the bottom (or very close to it) for which the arrogance, and egotistical illusive statements made by people like you seem to have peaked. And if you dont believe me, just count the number of gloom-and-doom messages (otherwise called by you as "realistic statements") you have posted on this very same thread during the past 3 weeks compare to others (including me) - and you get a picture of what I am talking about! :)