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: john dodson who wrote (13728)	7/21/1998 1:29:00 AM
From: Grand Poobah	Read Replies (1) \| Respond to of 25814

say the stock drops to $17. Who among us would buy more in volume? Who believes in LSI that much? Were LSI to drop to $17 (and not on news of something like a catastrophic fire at Gresham, for example), I for one would be buying more. That would give me a chance to average down. LSI is a good company. The stock price never goes down for no reason at all, but the reason doesn't have to be a good one. Semiconductors, although they are going through a slump right now, are no doubt going to grow in importance in the economy for at least the next decade or two. LSI is as well-positioned as any to be part of this growth. And I intend to be a part of it, too. If some nervous idiot wants to sell me his shares at $17, I'll gladly take them. G.P.