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


To: john o who wrote (7602)11/1/1997 12:44:00 AM
From: Gary L Schultz  Read Replies (2) | Respond to of 25814
 
John,

I'd have to agree about VL. I challenge anyone to find a single stock in their summary that WON'T be selling higher than today in 2000 or 2002! They just don't have (IMO) a good track record at predicting future prices.

Setting that aside, they are a good source for historical and financial data.

In short, I disagree with 55 - 75 by 2002. They (VL) didn't take into consideration the 2 for 1 stock split between now and then!!

Gary



To: john o who wrote (7602)11/1/1997 2:39:00 AM
From: sea_biscuit  Respond to of 25814
 
An additional comment about Value Line. I tend to look more closely at the "Stock Price Stability" and "Earnings Predictability" numbers at the bottom right corner. I feel that the 3-5 year projections can be relied upon only if those numbers are fairly high.

For LSI the two numbers are (from the April 1997 edition) -- 5 and 10 (on a scale of 0 to 100, mind you). Which is really pathetic! What it tells me is that whenever LSI makes a rapid upward move in a short time, it is more than likely to come back. That's when I usually sell (like I did when it hit 42 earlier this year).

I think looking merely at the 3-5 year projections without looking at the other statistics can lead us astray. Take Sysco (SYY) for instance. A "stock price stability" of 75 and an "earnings predictability" of 100! Now, that is what makes me feel very comfortable about the 1999-2001 target of $55. Same Value Line. But different stock!

Dipy.



To: john o who wrote (7602)11/1/1997 1:21:00 PM
From: uu  Read Replies (2) | Respond to of 25814
 
John:

Re: ValueLine

If you look at their latest report one thing I notice that was consistent throughout was the reduction in their target 3-5 year stock price potentials of all the high techs they cover (and not just LSI), as compared to for example last years reports. I am not sure if they are simply playing conservative and not setting their hopes so high, or truly there is not much potential in the high techs as much as it was believed to be before!

Regards,

Addi Jamshidi