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

To: uu who wrote (25491)1/28/2003 7:51:27 PM
From: Duane L. Olson  Read Replies (1) | Respond to of 25814
 
Addi... and I remember what a great long-term bull you have been.. I'm counting on LSI as one of the great survivors, once we get through the current malaise.... but I'm staying out of it until we see where the real lows are... I think Dipy's view is likely close to the best bet --- around October again.
Now I just have to convince him that a triple from the lows is a piece of cake <gg>
dlo



To: uu who wrote (25491)1/30/2003 2:58:11 PM
From: cfimx  Respond to of 25814
 
addi, it also traded there in 94. think about this. maybe lsi is meant to trade at $4. iow, this is not a growth stock, a stock that increases its value every year like VIacom or Washington Post Co. In the words of Buffett, its a "bob around" kind of stock. with these you need to know when to sell em. The insiders are very good at that. They sell when they HAVE shares in the money (from option handouts). insiders can't value stock. they sell when they need a new beemer.


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