Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: shane forbes who wrote (13030)	6/13/1998 3:08:00 PM
From: shane forbes	Respond to of 25814

(np) -last post continued: the 15 minute window closed - anyway now to the much more important stuff - Holland vs. Belgium - should be an awesome game... LSI is a lot like like Holland... always a lot of promise but no grand prize... yet... one day - soon ... (INTC is Germany - MSFT is Brazil)... ---- I know a semi CEO who does not compete with LSI but who is a veteran of this industry (and mondo smart)... He has a very good opinion of LSI now and for the next few years - 'could be the leader' of the new order... and it is this kind of 'informed' unbiased opinion that I trust... not mish-mash junk... (okay I also like the fact that he did not imply LSI was toast...) ---- shane (let's go BRIGHT ORANGE).

To: shane forbes who wrote (13030)	6/15/1998 12:42:00 PM
From: Hightechhooper	Respond to of 25814

Shane, I don't know exactly where we got off track here, but I think we are both on the same side and see things pretty similarly. LSI is undervalued and will go up when asia stops going down. Our only real divergence is in terms of how much it will go up. I believe the industry is in the midst of a major paradigm shift where the slowing demand from the major growth engine of the past (PC's) will result in an environment where even companies with strong IP portfolios will be greatly effected. As a result, too many people will be chasing the opportunities in the remaining growth segements (datacom, wireless and digital consumer) but those segments just aren't collectively large enough to keep them all happy. So although LSI may have been out in front of this movement, that will not guarentee them superior results for any meaningful timeframe. The result for me is that the competitive threat is very real and will limit LSI's ability to grow at significant levels. After a few companies go out of business, others are consolidated and some of this excess capacity is utilized that will change, but that won't happen over night in my opinion. So I take competitive threats very seriously, even if on the surface it is coming from a source that isn't all that intimidating (ATML as an example). I guess this is Andy Grove's equivalent of "only the paranoid survive". Again, in my view LSI is undervalued and should be a 30+ stock now which is the reason I own it, but the probability is low that it will be anywhere near $100 in the next few years for the reasons I mentioned above. I am not trying to fight with you, but as I told you before the tone of my posts is meant to reflect market sentiment as I see it. I don't want to fight against the tide I want to flow with it (of course that means taking the jump when things look their bleakest). Regarding, my entry point(s); you can believe whatever you wish... In summary, I think we are at odds now because your views of LSI are to the far right (which is were mine use to be) and market sentiment is to the far left (which is what I care about now). The truth likely lies somewhere in between (which is where I would like to go from here) but when that happens I will not hold out for the far right because probability suggests that event is unlikely to occur. Possible, yes, likely no. I apologize if my views or style have upset you and I hope LSI turns up soon for both our sakes. later, K