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Technology Stocks : LSI Corporation

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To: Ian@SI who wrote (16770)1/29/1999 2:25:00 PM
From: Paul Lee   of 25814
 
and the band plays on

BancBoston Robertson Stephens Upgrades LSI Logic Corp. to a Buy Rating

SAN FRANCISCO, Jan. 29 /PRNewswire/ -- The following is being issued by BancBoston Robertson Stephens, a member of the National Association of Securities Dealers, CRD number 41271:

BancBoston Robertson Stephens semiconductor devices/computer systems/storage analyst Daniel T. Niles today upgraded LSI Logic Corp. (NYSE: LSI) to a Buy rating from Long-Term Attractive. LSI is a leading supplier of customer high-performance semiconductors, with operations worldwide.

"We are raising our rating for LSI to Buy with a price target of $35 due to the company's strong revenues of $445 million, up 14 percent sequentially, improved book-to-bill, bottoming in earnings per share, good new product momentum, and an improved semiconductor market," said Niles.

Clients interested in receiving more information should contact their salesperson at 415-781-9700.
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