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


To: BWAC who wrote (14243)8/17/1998 2:21:00 PM
From: John Koligman  Read Replies (2) | Respond to of 25814
 
If you believe in the company you just have to hang in there. I can tell you a similar story about EMC three or four years ago. I was working for IBM at the time, and when I went onsite to some of IBM's largest customers, I saw that they were all using EMC dasd and raved about it. The stock though, was in the teens at the time, and went nowhere for what seemed forever. Well, look at a chart of EMC over the past three years, you will see that redemption has arrived!!!

Good luck
John



To: BWAC who wrote (14243)8/17/1998 6:32:00 PM
From: Tony Viola  Read Replies (1) | Respond to of 25814
 
BWAC, >>"Nobody wants LSI which
actually made money and looks to easily make $1 in earnings this year."

I like LSI fundamentals a lot also, but I've been saying it's a big cap/small cap thing, not that the market has anything basically against LSI. Just take today as a microcosm of the bigger is better thing that has been happening:

Dow Jones Industrial Average
8574.85
+149.85
+1.8%

NASDAQ 100 Index
1367.79
+37.75
+2.8%

S&P 500 Stock Index
1083.67
+20.92
+2.0%

Russell 2000
403.96
+1.17
+0.3%

I know that LSI is in the S&P 500, but they must be near the bottom of it, and "look" more like a Russell 2000 stock. The Russell 2000 has sucked in the last few months, as has LSI.

Tony