Patrick, >>>"As somebody said last Friday, this is probably what did in LSI today - basically
business is still going to stink in Q3. The only hope is, as STM sees it, Q4 should
be better. If LSI sees it that way too, hopefully we won't be clobbered too bad
from here on."<<<
FWIW, Intel sees recovery beginning in 3Q98 (actually, in June, 1998, they started to receive significant orders from Compaq, e.g., because inventories had mostly dried up). I would hope LSI would more mimic this scenario than STM's. If not, it doesn't look good to me.
Tony |
