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


To: rairden who wrote (25295)10/4/2002 10:29:43 AM
From: uu  Read Replies (2) | Respond to of 25814
 
At $5.5 it would be equal to around $11/shr back in Oct. 98. But I recall it went down to under $10/shr during the peak of the panic (which makes that equivallent to around $4.5/shr in today's split adjusted price).

Hence if it breaks $5.5/shr, then there is a good chance it is heading toward under $5 (or $4.5/shr)... If that is the case then things must really really be bad at LSI and all that forecast of returning to 10%+ growth next year was all based on wishful thinking by Wilf...

Would be interesting if Wilf starts buying his own shares now (although I am sure he wont be able to do it till earnings are released)...