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


To: Grand Poobah who wrote (13241)6/28/1998 3:06:00 AM
From: Hightechhooper  Read Replies (2) | Respond to of 25814
 
GP,

Spoken like a true engineer!!! You have to understand, my point isn't for them to initate a mkting plan to inflate the stock unjustifiably, it is to ensure that the stock is fairly valued at any point in time relative to its current earnings, future potential and valuations afforded other companies with similar characteristics. I don't think you appreciate how undervalued your investment is right now. When it is more fairly valued that is exactly the time for them to take their foot off the mkting accelerator so that it doesn't become OVERVALUED, for now they don't need to worry about that at all.

You also might want to through you efficient market hypothesis in the trash can (along with mine). The market is driven by supply and demand and earnings are only one element that influences the demand component of the equation. We are humans (well most of us) and, as such, much of what we do is driven by emotion not by laws of science. In the market this fact can be turned into an opportunity or a liability. Unfortunately, management of many companies feel the way you do and they assume all they can do to influence the stock is to run the business to the best of their abilities and, eventually, the market will recognize their accomplishments and reward them. This is what separates the good from the mediocure IMO and I would much rather own companies that recognize these market inefficiencies and take advantage of them to raise shareholder value rather than to ignore them and lower shareholder value. With this investment, however, I am only left with voicing my opinions in a public forum to bide my time until a rally can occur that actually takes lsi with it.

Good luck, the world needs good engineers as they create the REAL value in this society. However, marketing people are much more highly paid because they can create PERCEIVED value which is just like having a money making machine because it allows you to get something for free!