LSI Corporation (NYSE:LSI)

no debt

For Q1, the company sees revenue of $550 million to $590 million, well ahead of the Street at $509.8 million, with non-GAAP profits of 9-15 cents a share, at the mid-point ahead of the Street at 10 cents.

beats 1q and 4qt. Great financials.
I am going long. Beating Spy. Looking good LSI

High P/E, High PEG and High P/B.

Part of SSDD solid state drive index. Data centers are now making the move to SSD over spinning disks, and I suspect growth will be fast.

Short term I suspect LSI will move lower, but long term great pick with new Sandforce aquisition.

LSI is a key player in storage market, which is more than likely to have a growing demand considering the ever increasing ways digital media is being part of our life, not just at an industrial level, but also in our everyday life.

Considering the 75% decline since it's inception, I don't see this one picking back up any time soon.

Bullish tech events are trying to push this stock back up to pre-market crash levels

Good stock in an area that should go up over time. I missed it last time, and don't want to miss it again.

The Semi up cycle should be a rising tide for LSI as well.

LSI is a great company with the best products at the right time!!!!

Cheap

LSI is finally showing significant revenue growth and improvement in the gross margins. I expect them to show revenue for 2010 of $2.7b and a gross margin of 47% based on an expectation of a modest 5% growth for the final two quarters. This should result in GAAP earnings of $.15/sh and non-GAAP earnings of over $.60/sh. At a 20 multiple, the stock should be trading at $12.00 by the 1st half of 2011.

Stellar and exponential growth of consistant and talented company.

LSI is tightly bound to the health of the networking and storage markets and I'm not convinced that the company can steal share from the competition in any meaningful way. However, you could certainly pick worse industries in which to be stuck and LSI should continue to track the returns of these substantial growth opportunities for the long haul.

LSI Corporation can be readily overlooked when compared to some of its competitors, but it's the diamond embedded in the technological rough. I am enthusiastic about this company and my bullish buy behavior mirrors it. The company's ability to create technologically advanced products will increase and so will its revenues and stock price.

left over from a merger, I'm holding because selling is more trouble than it's worth

try and purchase on next big selloff

Traditionally LSI has underperformed and I don't expect the trend to change too much in the future.