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

To: thomas hayden who wrote (14080)	8/6/1998 12:35:00 AM
From: Hightechhooper	Read Replies (2) \| Respond to of 25814

Thomas Hayden, I am not sure what you are talking about. I have been nothing but right about this stock for quite some time now. The only thing I was wrong about was this thing going to 27-30 after earnings and that was because WILF lied, not me. I believed his BS in january and April and in July the truth was revealed. He knew playstation pricing was going to come down and he knew it would be a BIG hit, but funny he never mentioned it until after the fact. With a new fab coming online there is no way to replace lost revenue like that. He is the one that has mislead people not me. Now, if history proves true you will be called a liar and a short because you are telling people that there continues to be heavy institutional selling in this stock. I have been saying that since 27 and Jocko and friends have been all over me for it, calling me every name in the book. Well, the results are in and they have been proven wrong. Why you are now on my case I don't know, but you are saying the things that I was saying from 27 all the way down to 20. I guess you also are feeling pretty silly about your lsi purchase and you are taking it out on me. Dont blame me, blame Wilf, he is the one that mislead many people (including Kurlack). It will be quite some time before institutional ownership of this stock moves significantly higher, managment simply cant be trusted. I would advise you to sell at the next bounce as well, otherwise you are looking at dead money for quite some time.

To: thomas hayden who wrote (14080)	8/6/1998 12:42:00 AM
From: Uncle Frank	Respond to of 25814

>Dear Jock, I have watched your post with interest and I would give up on K. Trying to disprove him is about equal to trying to do the same with Bill Clinton. Thomas, are you sure K is a him? The first line of message 14069 read "I don't need to do anything for your record. I am a big girl* and can do anything I want without asking your permission."*

To: thomas hayden who wrote (14080)	8/6/1998 1:55:00 AM
From: Jock Hutchinson	Read Replies (3) \| Respond to of 25814

Tom: I will be the first one to admit that the chart today looked terrible. It appeared as if there was a lot of stealth distribution, and it has appeared that way for the past two weeks. I will acknowledge that a lot of potential investors in LSI have serious short-term concerns that include the Symbios purchase, the Asian problems (both direct and indirect), the potential lack of business at Gresham (although current capacity is over 90%), the current slump in the semiconductor market, and the relative lack of visibility. Moreover, it appears that the overall market is going to show negative growth for the next year. In other words, it appears like the classic end of a major bull market. And what leads the next leg up? Semiconductors. Where might the strongest segment in the market be? The mid size caps, which historically have outperformed the large caps, nothwithstanding the past three years. I specifically invested in LSI as a moderate two year investment in February and later in May. Am I happy with its performance? No. But I don't see any fundamental reason to change my thinking about its long term prospects. Prior to this year, I traded for about five years. As a consequence, I developed a feel for the short term moves in a stock. But ultimately, it is fundamentals that drive a stock, and I see nothing that persuades me to divest of LSI.