SI
SI
discoversearch

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: Daniel My Brother who wrote (10516)3/4/1998 1:35:00 PM
From: sea_biscuit  Read Replies (1) | Respond to of 25814
 
Addi..so well put! Everyone was talking about how semis led the market in percentage gain...but wow...look what happened to them the past 8 months.

Huh????!! Those who follow this stock on a daily basis are better off trading the stock. Not frenetic trading, mind you, but just 2 or 3 well-defined buy/sell activities in a year. Those who don't care about the short-term are better off not following its fortunes every hour of every day. Either of the above is fine. But anything in between these two is self-inflicted torture.

It is ridiculous to groan that the stock is not making new highs when the market is making new highs! After all, at one point of time, this stock was trading at more than 30 times estimated earnings. Can you tell me when the overall market has traded at those levels?

Dipy.