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

To: uu who wrote (8241)	12/9/1997 8:12:00 PM
From: sea_biscuit	Read Replies (2) \| Respond to of 25814

My exit strategy for LSI : Over a period of 4 or 5 years, I have seen that LSI has extremely erratic earnings, and therefore, does not qualify as a long-term investment. So, I am planning to sell it off completely, and then gradually invest the proceeds in stocks (not necessarily tech stocks) that have a more predictable earnings picture as well as high (and stable) return on equity. Stocks like GCI, JNJ, IPG, IFF, MO and BEN come immediately to mind. Of course, I am prepared to wait until they come down to reasonable levels. Anyway, as far as LSI is concerned, the current sales per share is $9.25 Assuming these numbers, here is my exit strategy : @ 4 times sales, i.e. @ $37, 1/4 of my LSI will be sold @ 4.5 times sales, i.e. @ $42, the next 1/4 will go @ 5 times sales, i.e. @ $47, the next 1/4 will go @ 5.5 times sales, i.e. @ $52, everything goes! How does it look? Dipy.