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

To: Tony Viola who wrote (18628)	5/29/1999 11:30:00 PM
From: shane forbes	Read Replies (1) \| Respond to of 25814

Tony: Thanks. You can see that some things never change - I still won't invest in Intel and I'll find any way of justifying it. If you look at the finances and ignore all the other stuff, Intel is still a (very) solid company and once broadband gets going and we have a need for the Pentium 5 they are going to be (really) minting money (again). Intel has to be a core tech holding for most people (just not me - I'm a b**tard) - after all at 26 bil in revs and maybe 22 bil in chips revenue(?), that is 16% of the entire semi market in terms of revs and I would WAG about 25+% of the entire market in terms of net income. Big Daddy for most. The beauty about stocks like Intel, MSFT, and CSCO is that even excluding their operating income, their non-operating income (from 'investments') is so large (several times larger than the profits at most companies) they can and will dominate things for a long long time <soft sigh>. As to the tech guru, no I am still searching. The darn bike can only go so far without getting a flat... And I never remember to carry a spare. On another topic have you dabbled in the Internet sector at all? I have not and likely never will (the valuation thing). Though I feel sorry for all the people who are getting their eggs (their golden eggs) cracked there these days, I can't feel too sorry. After all there are only 2 types of Internet investors - millionaires and multimillionaires? Something akin to saying bad stuff about the Chicago Bulls after last season and paying no attention to the 6 (?) Championships. Barron's this week blasted the internet banks (Netbank was one I had looked at sometime ago - at $3... - <double sigh>) and Amazon.com (again) and the market too (too-much-margin thing). Most of the internet 'companies' won't make it if their source of cheap capital - the equity markets - dries up. Shrug. --- Not quite an internet junkie but I sense this story reverberates among the newer Internet Investors. From one of the people who wanted to join the Dellionaire Club this January: 'Since Geracitano bought his 2,000 shares, though, the stock has plunged more than 35 percent. Sales growth for the past two quarters dropped below past levels and price cutting reduced Dell's profit margins. Geracitano, who bought the stock on margin, was forced to sell beginning in February. To cover his losses, he had to put two houses up for sale. ''I've lost everything,'' Geracitano said.'