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


To: patrick tang who wrote (14380)8/19/1998 2:53:00 PM
From: uu  Read Replies (1) | Respond to of 25814
 
Ok, lets see how fast these smart analysts that up to 24 hours ago had LSI as a strong buy and/or just a plain old buy downgrade it to hold or underperform!! I have always wondered if these guys are somehow related to Sherlock?




To: patrick tang who wrote (14380)8/19/1998 3:38:00 PM
From: getgo234  Read Replies (1) | Respond to of 25814
 
Patrick:
The weakness that you talk about for the high end products would include Symbios products ? What a classic, LSI can not wait to buy
Symbios just before it falls into its own recession ? Isn't LSI's CEO one of the original founders of LSI ? If that's the case he must "own" the Board of Directors and will never be removed unless the company declines to the point where it becomes a penny stock. If LSI cannot successfully manage its core business why did it ever endeavor to buy another company unless it was an act of desperation because its core business was in serious trouble. Comments please.



To: patrick tang who wrote (14380)8/19/1998 3:49:00 PM
From: frank/fla.  Read Replies (1) | Respond to of 25814
 
.....talked to the company at length....They are back petaling as well as could be exspected....obviously someone leaked big time about the reason for the meeting yesterday which is a real confidence builder....their are more unknowns than before about Gresham, Sym, and especially business going forward. If asia and europe follow we could have a new plant with nothing coming out of it. My take is you will be able to buy this stock in the teens for well over a year...its not worth the capital and especially the frustration. The fish rots from the head down ...mgt. stinks...just look at the timing of all that has transpired...credability on the street is nil....I told them that if they have a story to tell they should get out there...they said we are calling analyst....THEN YOU DON'T REALLY HAVE A STORY.....they are hiding behind the Sym buyout as the reason for their silence....it doesn't wash and is bs....they swore that it wasn't a defensive move which many analyst had taken it to be, especially Mont. Secur. For the record IR reminds me of the guys defending Clinton long on loyalty short on knowing on whats really going on...I truly feel this will be a top in coming months....I'm out at 15 7/8 a loss of over 100000 and I feel I fought a good fight just for the wrong leadership , the loss is my mistake ,last time I looked I was a big boy and got in with both eyes open.... I wish you all well and will miss most of you....give my regards to Shane if he ever comes back....