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Technology Stocks : LSI Corporation

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To: E. Graphs who wrote (18731)	6/8/1999 3:38:00 PM
From: patrick tang	Read Replies (1) of 25814

E, I get to the same conclusion from FA. I think we should all re-visit the original post that started this thread in '95 - Started By: Date: Oct 9 1995 9:38PM ET I think LSI Logic is a good buy at $46, it declines from 56 to 46 in less than a week for no good reason besides panic about the so-called correction on technical stocks. LSI will double its revenue to two billion next year, and is a leader in the ASIC market with its new 0.25-micron g10 technology. Anybody has any opinion on this? What that speculated in '95 has now come true - $<$2B in revenue, leader in ASIC, 0.25um G10. Only thing left to show is earnings, and I think we would get confirmation in July earnings + forward looking cc. I also look for semis/SOX to break out on Q2 earnings in July when all the semis guys announce good earnings. We may not be quite as exuberant as in '95 now and have the price go all the way to %54, but I agree with you on the high $40s. patrick

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