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: patrick tang who wrote (17652)	4/2/1999 6:42:00 PM
From: Jock Hutchinson	Read Replies (1) \| Respond to of 25814

I believe those shares were bought by very educated buyers, buyers who already had the chance to see the results of Q1 and the bookings for Q2 up close and personal. To some extent, I disagree. LSI IR has been telling everybody that the quarter is going to be strong for the past two months.

To: patrick tang who wrote (17652)	4/2/1999 7:33:00 PM
From: Stock Guru	Read Replies (2) \| Respond to of 25814

The Semiconductor industry has been plagued with over optimistic forecasts. The forecast assume that prices don't plunge and volume increases. As we all should know, this is not the case. Currently semiconductor stock prices are near all time highs and profits are horrible. They (profits) should stay bad as long as more fabs are opening than closing. This of course deviates per company. I think Lsi above $60 is a good short. For those who believe the market should trade at an average PE of 100-200; a price of $100 - 200 doesn't seem at all absurd for LSI. just my opinion (partly).