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


To: shane forbes who wrote (7380)10/24/1997 9:07:00 AM
From: Haim R. Branisteanu  Read Replies (1) | Respond to of 25814
 
I may buy some LSI today for a short upmove.

***** OFF TOPIC *****

Shane I belive every word written in

nb.net

I purchased CA shares for several of the accounts I manage in the $45 range in Feb/March this year based on fundamentals and technicals

After the CA stock moved to below $40 I started to ask around professionals - ALL software people I spoke to TOLD ME A SIMILAR STORY.

After being long the stock I decided to ignore the stories (well nobody wants to take a loss, as my head was handed to me on a platter)

I spoke to CA PR people and hoped for the best, no real help from tham wathsoever.

Last Quarter conference call just blow me of, after hearing CA management arrogance. They publicly stated that they are luring sales people from competition and lowering by around $30 to $40 million the dapreciation and amortization amount which improved earnings by about 10 cents a share.(you know the reason quite well ;)

It is known that soem sales people switch companies, but CA saying with such arrogance publicly ??

Well SEARS (S) got hammered on that several months ago, see were S stock is now.

And people were thinking that in the US we do not have FORCED LABOR, well based on the above mentioned story in
nb.net, we may have several campuses with FORCED LABOR.


If true, I wonder why the FED's are not stepping in!!!

I am happy closing of my positions in CA, before reading this story.

Hopefully the guy will not be forced to remove his Web Page


Happy Trading
Haim