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

To: Duane L. Olson who wrote (25490)1/28/2003 10:56:10 AM
From: uu  Read Replies (2) | Respond to of 25814
 
Duane, I sure hope so.

It has been quite an agonizing 3 years with each year gettting worse (as far as stock market is concerned of course!)... At $4/shr LSI will be trading at $8/shr prior to its split in 2000. And the last time the company had that low of a valuation was in 1998 during the so called Asian crisis. (And I do realize world is facing far more serious crisis than the so called Asian flue!)... But still... I am still a strong believer of LSI, its business mode, products and its CEO.....

regards,

-addi



To: Duane L. Olson who wrote (25490)1/28/2003 12:57:41 PM
From: sea_biscuit  Read Replies (2) | Respond to of 25814
 
DLO, the only way that you can make a triple from $4 is to try trading the stock -- buy when it's oversold, sell when it's overbought. Easier said than done. But in any case, buy-and-hold for 200% gains isn't gonna work for the next several years. In a secular bear-market you won't see gains like that, unless there are extraordinary circumstances peculiar to that company. I don't see how LSI qualifies for that.


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