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Technology Stocks : LSI Corporation

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To: Jock Hutchinson who wrote (18835)	6/12/1999 11:43:00 AM
From: patrick tang	Read Replies (1) of 25814

Jock, I replotted after adding two other darlings - ADI & STM, which to me are very close to LSI. Those curves are sobering w.r.t. price to sales ratios and whether LSI is 'overvalued' or not! If LSI can project higher than 6% sequential, I think we might not even have any pull-back on new after July earnings & cc and may even move higher. Looking at the run-up last week, I was thinking about trading right before earnings and buying back after dip post earnings. But looking at those price/sales #s, I think I'll just sit. patrick

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