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Technology Stocks : LSI Corporation
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To: jelrod3 who wrote (8157)12/5/1997 3:03:00 PM
From: Beachbumm   of 25814
 
I dunno. Chambers is somewhat closer to his industry than Biggs and he's still saying CSCO expects 30-50% growth. The last cycle peaked in '84 -- with what, selectric typewriters?

Who's so leveraged anyway? LSI, BAY are loaded with cash, minimal debt. Many others too. DELL can't buy back shares fast enough. Maybe we should just forget about the chips. If LSI puts its cash into treasuries and bonds go to 5% we'll make great money.

Beachbumm
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