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: country boy who wrote (16254)	1/5/1999 11:07:00 AM
From: Tony Viola	Read Replies (1) \| Respond to of 25814

CB, >>>"17 1/2...perhaps thanks to M. Murphy's little blip on CNBC this AM? On occasion he's good for something." I saw Murphy also. Summary of his whole interview: Started about Internet stocks, naturally. Said they are way, way overpriced (also said he's/they're short about 17 of them. I also heard him say he was short a few of them this past June). Went on to say that the etrade ones particularly did very well volume-wise over the holidays, but came nowhere near making any money. If they didn't make $$ then, when will they ever...Also mentioned stocks that sell for 300 - 400 X sales are way high. Likes biotech. Didn't say much more except some have new drugs coming forth. Asked about "regular" tech and he said yes, he's high on them. Mentioned semis first and LSI first of semis he's bullish on. Mentioned 2 others I missed either because of munching on my Granola or a mental block took place. Went on about others he liked...AMAT and Intel. I like both of those. :-) However, he said he liked Intel more at <$100 and he was pounding the table on them at $75 - $80. Well, Michael, I know that you were doing that last summer and Intel has come out with two super major revenue upgrades on themselves since. Maybe the stock warrants > $100 with all the wacky evaluations going on? Duh. Trying to remember if he mentioned why he liked LSI and don't think he said anything other than that he did like them. Yes, we'll take the pop. LSI may not be setting the tech world on fire, but they're fundamentally a lot more sound than a ton of companies selling much much higher relatively speaking. Tony