The company is growing at almost 10% clip. It is fairly priced. Because of good-will and pension liabilities, the tangible book value is only about $1/sh. Stock based compensation is high and the actual GAAP earnings are markedly lower than the non-GAAP. It is very dependent on STX and WDC and it is facing stiff competition from MRVL. Assuming LSI makes the estimates and no negative developments regarding its short to mid-term outlook, I believe the stock is heading to $9 by early 2014.