RE:RE:Q1 results improved but still weak
I like LSI long-term but it will take awhile for it to pay off debt and generate net after-tax earnings growth like it did 2 years ago. By the way, I bought LSI at 1.00 then. Sold at $4, then bought back in at $2.65 then sold now. It has limited upside from here. It's being hyped by the bought deal guys but fundamentally, the earnings don't justify a higher price. The stock I bought using the , NWX, trades at 64 cents and is worth $2 a share fundamentally now. I guess if you want to classify a zero debt stock with $20 million in the bank and $15 million a year in net earnings as "craptacular" go for it. LOL. LSI right now is not even in the same league as NWX. I will buy LSI again when it goes down to a better level. It has a good future, long-term though. All the best.