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: Moonray who wrote (14654)	8/31/1998 12:25:00 PM
From: E. Graphs	Read Replies (2) \| Respond to of 25814

OT I think this is going to be one of the shortest bear markets on record.

To: Moonray who wrote (14654)	8/31/1998 3:07:00 PM
From: shane forbes	Read Replies (2) \| Respond to of 25814

Is it just me or did I miss a 2 for 1 stock split announcement for every small and mid cap stock and a 3 for 2 stock split on large caps... LSI definitely did do a 3 for 1 split didn't they???? Did Beachbumm's contest adjust for that??? Russia as an excuse seems just like a reason to dump. Maybe everyone is afraid Europe will go into doldrums and since that's the only place besides us holding up maybe that is why everyone is panicking? Funny how this is so like that 73-74 market. Something totally out of the blue (not quite but close enough) and boom things get really ugly. Then it was the oil shock now it is the Mink shock. Funny also how in 73-74 we had Watergate and now we have Pen**Gate. The '70s are definitely back if no one has noticed. The new Bug reminds me of a throwback to those funky colors and polka dots of the '70's - the iMac is definitely the funkiness of the '70's embodied (I think the iMac is the Bug personified in silicon but that's just me). We have a '70's half an hour sitcom. And yes we have a horrendous bear market. The funny thing is that the small caps have been in a horrendous bear market for the past 5 months. And the silly demand driven desire (aka bubble, aka we need to buy liquid stocks so we can get out of them quickly since fundamentals play no point in stock valuations, aka that's why breadth deteriorated etc etc etc) has finally petered out. The only real funny thing is that the period after the bear market saw a very long period of small cap outperformance. And I hope we will get that soon. Of course it matters not if my stocks are down 50% and then recover 100% - I'll be back to square one but hell I'll be happy with square one at this stage instead of being told to get out of Dodge... O and BTW LSI is cheap, Gresham makes sense, Symbios is smart, like Clinton LSI "never volunteers information" - they only answer what is requested, DVD will be fine, DCAM is more than fine etc etc etc... Now how to get the cash to buy these cheap shares. Shane (who will also understand if other people opt not to buy LSI since there are oodles of better stocks out there all pummelled) (BTW I remember looking at funds like Fidelity Electronics etc in 1996 when I first got into the savings biz and noted (salivated) at the huge returns of 30+% per annum or so. Then it hits that to get to those levels 5 years ago things had to be pretty poor for the index. And no doubt about it we were in recession them. Heck Citicorp would not have returned 10 fold if it had not fallen to 9 first... Hopefully in the same way that the 70's look like they are repeating the inexorable passage of time means that the fat returns 1-2 or 3 years hence will vindicate us. I feel like that knight on Monty Python with the arms cut off, the legs cut off, the head cut off saying "is that all you got you chicken come on back for more I'll show you" (Bad paraphrase)) O and if any one tells you that semis have no future point out to the e-mail system they use and the fact the internet and digital connectivity is all alive and well and will mean that at some point Fidelity Electronics will once again be showing returns in the low 30% range for some 5 year span likely beginning in early 1999. >>>>> ouch.....