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: sea_biscuit who wrote (10519)3/4/1998 3:49:00 PM
From: uu  Read Replies (2) | Respond to of 25814
 
Dipy,

Must you always be such a smart-allec?!

You say:
> "Those who follow this stock on a daily basis are better off trading the stock.Those who don't care about the short-term are better off not following its fortunes every hour of every day. But anything in between these two is self-inflicted torture. "

So tell us, are you trading this stock?! I dont think so! Are you not following it on a daily baisis? I think the answer is yes (otherwise why on earth are you on this thread?!). Therefore are you going through a self-inflicted torture and just to make up for it and hide the pain of this self-inflicted torture you always post some smart-alec comments on this thread?!

You say:
> 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?

No, but I can tell you most other high techs (and especially semis) did hit their all time high P/Es of 30 and more during this past rally when they (along with the overall market) set new highs or reached very close to their old highs. While LSI remained well below its all time high (or for that matter 26 weeks high)!

With all due respect, just for once try to be a sensible contributer who does not behave as "I am smarter than everyone else and I know it all and have learned my lessons, and I am the most logical investor there is, etc."!

Regards,

Addi Jamshidi