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


To: shane forbes who wrote (12565)5/20/1998 5:49:00 PM
From: Wolf 2  Read Replies (2) | Respond to of 25814
 
Shane:

At least the volume was sub-average...any silver lining in the cloud will do!

Think I'll join you on the bikepath...how far from TO did you say you were...'spitting distance from Manhattan'--no prob, be there in a week<ggg> Please have a cold beer standing by. TIA.

Regards,
Wolf



To: shane forbes who wrote (12565)5/21/1998 11:24:00 PM
From: getgo234  Read Replies (1) | Respond to of 25814
 
Shane and others:
If the Street has not given up on LSI earning 1.50 in 99 what is the downside for the stock ? Assuming 1.50 for 99 LSI is currently selling at 14x 99 earnings. A significant discount to the S & P 500.
When do the value investors step in and buy LSI ? If Kurlak is correct and the SOX drops to the 200 level does LSI drop to 15 (10x 99 earnings) ? When does
LSI say enough is enough and announce a major stock buyback program ? We are approaching the 12 month lows even with all the good news of the past 6 months. I am really losing ( correction- I have already lost) my interest in investing in technology stocks.