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Technology Stocks : LSI Corporation
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To: shane forbes who wrote (19518)7/30/1999 10:28:00 AM
From: Jock Hutchinson  Read Replies (1) of 25814
 
(NYSE: LSI) today announced that it has filed a registration statement for an aggregate principal amount of $287,500,000 of convertible subordinated notes due 2006, including an over-allotment option. The registration statement also includes the offer of 5,750,000 shares of its common stock, including an over-allotment option. The offering of the convertible subordinated notes due 2006 is not contingent upon the sale of the common stock and the offering of the common stock is not contingent upon the sale of the convertible subordinated notes due 2006.

Clearly if one subscribes to the Shane Forbes theory of investing in LSI, now is the time to dump LSI because it is at its peak.
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