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

To: sea_biscuit who wrote (8731)	12/24/1997 2:01:00 PM
From: uu	Read Replies (3) \| Respond to of 25814

Dipy: It is always fascinating to see how you can always be such a wise guy! Are you really like that in real life too! I mean are you always sort of sit-back, lets examine the situation (regardless of how great of not so great that situation might be) and then always look for some negative aspect and always make that into a big issue. And if there is no negative aspect always try to come up with at least one and expand on that negative idea? Some may call you an overly pessimist person, some may call you an overly cautious individual, and some may even call you a realist, but definitely you are not an optimist! I have found that being an optimist (which by the way I am very much) can sometimes be very harmful (in the short run anyway - and I am not just talking about stocks, investment or the market, but life in general and how you view people in the same manner as you do yourself). But then from what I have seen the pessimists have a much harder time in life (short term and long term) than the optimists might have. I am not really sure to call you a pessimist or an overly and cautious person. To me, most of the times they both have the same meaning! Anyway Just my humble view, and a side talk besides LSI!! Happy Hollidays, Addi Jamshidi P.S - Regading your statement: " If they are right, they don't deserve any credit. But if they are wrong, then all the discredit in the world ought to be heaped on them!" Yes, absolutely! reasons: As smalll investors such as ourselves we do make the same calls as they do. With the information age, analysts have access to the same info as small investors do. The only difference between them is the power of a big huge brokerage house and a lot of money that backs them up. So, if you go and read the posts on this thread you will see that we have our typical bears with the tone of "watch out the sky is falling" to semi bears stating "things are bad but not that bad" to optimists stating have no fear take advantage of the situation. And all can give you very sound and solid reasons (from technical figures to the trend mentality to ... you name it). And we all just dont make these things up, we all have our reasons and access to the information super highway which provides us such info. And most of us (if not all of us) do not go around and call ourselves analyst, in fact analysis of investments come as a secondary job to most of us since we all have our main job/work/business. So having said that, if analysts who come up with the same numbers ,figuers and analysis as the rest of us and he/she ends up being correct then so what?! That was his job which he was paid very handsomly for (the last I heard an average analyst was making about 2.5 million in 1997 per CNBC's report). In the new information age his guess was as good as any one of us (and we were not being paid big money to do that either)! On the other hand if he ends up being incorrect then his credebility as an analyst will become very questionable (in the eyes of small investors but not neccessarily the big boys since he may have very well working in their favor). Since a lot of small people who do not do their own investment analysis listened to him/her and end up losing big time analysts can justifiably be questioned and jusdged! It is simply a matter of perception and the description of one's job title and how well he/she does his/her job! With the new information age everyone can potentially be an analyst!