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

To: Hightechhooper who wrote (13565)	7/15/1998 6:27:00 PM
From: Jock Hutchinson	Respond to of 25814

I have been mostly right for 3 months, haven't I? Please see my post prior to this. However, as I indicated to you in a private message, you are absolutely right about the contents of the Montgomery report that reported its belief that LSI would not have the MPU in Playstation II. Rather its chips would be limited to the DVD component. However, I spoke with Robert Sisson of LSI IR, and he indicated that this report was not done in consultation with management. Moreover, as you know, I sent you an apology via Private Message, which was proper because I challenged your facts on that issue in a Private Message. I have also indicated to you that I respect the strength of your research, and the power of your posts--notwithstanding your occasional reckless disregard for facts. I am further deeply offended by your attacks on LSI's IR department. They cannot defend themselves, and I find them to be a heck of a lot more responsive than Motorola, for example. I also know the pain that LSI has caused for former investors such as yourself over the past few years. Heck LSI the investor has been disappointed by LSI the stock--witness the stock buy back before last October's crash. But I think that at this point you are making a serious mistake playing this as a trade. If you truly have 75,000 shares purchased recently at 21 and 1/4, you have made one of the finest investments of your life. This time, it is for real, and it does have the potential to be a three or four bagger in the next two years--even if the market goes sideways. Indeed, if the market treads water, LSI will perform all the more spectacularly because money will go to the hot stock. Remembering of course that last year when I was trading, I was "short" LSI 234 times--mostly short the box. Do I have a large position in LSI? You bet. About 20% of my non-IRA portfolio that is invested in stocks.