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


To: Hightechhooper who wrote (13237)6/27/1998 9:01:00 AM
From: frank/fla.  Read Replies (2) | Respond to of 25814
 
VERY POSITIVE POST...Barrons article round table..lsi highly recommended...from article..Question,,"Lsi, you said is different?
YES, because they have no personal computer exposure.Theirs is a system on a chip, and the business is doing extremely well( THATS WHY EVERYBODY IS ON VACATION..me)....This quarter will be UP!They have anew fab coming on in the 4th quarter, which they say will handle their growth sales from 1.25 to 3 billion over the next 3 years. So we could see 3 to 3.50 earnings power 2 to 3 years out. This stock is a giveway at 23!!....get the article its worth the trip to the newstand...I'm going on vacation too!



To: Hightechhooper who wrote (13237)6/28/1998 10:02:00 PM
From: Gary L Schultz  Respond to of 25814
 
K,

Ok. I understand where you are coming from. When I started investing, I asked a seasoned investor one day what the difference was between a trader and an investor. He replied that an investor is a trader who is on the wrong side of a stock. Think about it.

I've had my share of 14 day stocks as well. I'm not adverse to selling when I have a quick profit. In fact, I tried to unload LSI the last go around at 27 (when it was on the way back down) I missed it. Did I care? No. That is why I don't much care if LSI comes in on the numbers or not. Heck, I only have about 2/3 of my intended position at this time, so I'd love to see 17-18 again. I'm also not clamoring for Corrigan to do something either. He brought the company this far - I'm willing to stick with this guy. I do agree that I don't fully understand the man's actions but....

So, good luck - we're all after the same thing at the end of the day.
MONEY!!!

Best of Luck

Gary