Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Robert Goosmann who wrote (7817)	11/15/1997 1:56:00 PM
From: shane forbes	Respond to of 25814

re: "When you say LSI's day will come" Get a dartboard out! I used to be a long-term investor in LSI until I began to realize that there were too many non-believers in the stock who would trash it w/o a moment's hesitation. And as it turns out not without justification! (LSI's outlook over next few months is not good.) Right now I'd be accumulating ($ averaging) for the long term. The key point is whether we are past our lows for the year. I would tend to guess 18-19 is a reasonable low for the year. But if the market goes through another scare LSI will sink. The market is generally selling off on good news and that's never a good thing. (In the s/t AMAT c.call may be a good thing - my guess is that they might not indicate an immediate slowdown. Whether they dramatically lower expectations for next year of course is the issue.) Besides I kind of like my lack of margin now! Not a bad idea to keep some cash on the side.