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

To: country boy who wrote (17927)	4/11/1999 6:50:00 PM
From: patrick tang	Read Replies (1) \| Respond to of 25814

I am not so sure about this overall 'correction' thing. We are entering a world of overall lower interest rates, low inflation, overall growth (Japan and Far East seems to be mending, although slowly). As long as earnings are moving forward, I think we are OK. I see companies getting pounded when they do no deliver (Except for Internet stocks, which is a whole different story), and I think that is good. AMD and NSM readily come to mind. I like it when the street is being discriminating. If we are heading into a general semi recovery after 3 tough years, which I think we are since IP companies like ADI, LSI, XILN et. etc. are already starting to deliver 5+% Q sequential growth starting Q4 '98, semis can move independently from other stuff like oils and airlines (anybody see any similarity between airlines and DRAMS?) and retail. From personal experience with everything, like trying to log onto Hotmail during business hours, we are starting to need a whole new generation of devices that only 0.25um and 0.18um can deliver. Look at the 0.35um generation of video cards that never made it into the mass mainstream desktop. First one was Matrox G200 last Aug. First nVidia 0.35um was TnT1 2 months ago. In one month that will be all overtaken by 0.25um stuff - Savage4 from SIII this month, TnT2 and G400 next month. 0.35um is just too slow, too much power, too costly. The 0.25um will make it to the mass mainstream desktop. Even the PSII really need 0.18um to make it a product. Looking at Intel driving CPU prices down with Celeron A that's at 0.25um. Hotmail/Microsoft need to upgrade their serves and routers with 0.25um stuff to keep up with my 0.25um CPU and my 0.25um ADSL modem! China devaluation crisis if no more. If China does anything, I expect them to do it very slowly like with the HK $. In any investment anything, they always start or end with 'prior history and performance is no indicator of future performance'. I think a lot of people forget that. For hi techs like semis, they manufacture their own wealth through creating something completely new and not trying to grab a bigger piece of the old pie. So just because their stock prices are at all time highs do not mean they cannot double or triple from there. They just need earnings and sales growth. I think for the IP guys, that started already. For all this to continue to happen, we need world peace. Try separating your fears from your logical thinking. Just why do you think this market would correct big and if it does, will stay down long enough to be a difference? Why should my positive outlook under the best of circumstances be so disturbing to you? That was exactly what we got after US lowered interest rates. Look at Europe trying to lower interest rate last week to stimulate growth. For today, the only thing I see that can disturb the world's economy is the Korsovo thing. What else are you seeing that I am not? Nothing wrong with 'gut feels' or even acting on them, but only as long as you are conscious of where those come from. Speaking for myself, my 'guts' have served me well in a number of occasions. I think your caution is born out of emotional fears. I have fears too, I try to keep those from affecting my logical thinking. You should do the same. There is nothing anybody can say that can calm your fears unless you are ready to accept that the fears are an emotional entity in the first place and that fears need not be justified by other logical thinking. If you are not comfortable holding this stock, you should be out of it. Sleepless nights and stresses are not worth it. patrick