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Technology Stocks : LSI Corporation

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To: shane forbes who wrote (18871)	6/14/1999 5:24:00 PM
From: Jock Hutchinson	Read Replies (1) of 25814

BTW the real difference between 2.13 b and 2.1 b: the first requires 10.3% sequential growth from Q1's 457 mil. the 2nd requires 9.3% sequential growth from Q1's 457 mil. - again appreciate the delta here - that is 100 full basis points. Now do you see why you should not round? Compound interest man. Compound interest with a high interest rate. Double Duh! Great! The 10.3% sequential growth is an even more compelling figure that supports my core argument that LSI will need to see spectacular quarter over quarter revenue growth to meet your so-called average figure of $2.15 billion for 1999 revenues. And for the last time, I repeat that the core problem is that your use of a base figure of $1.85 billion in revenues for 1998 is reckless and irresponsible method for arriving at your so-called average figure of $2.15 billion in revenue for 1999. $1.85 billion doesn't reflect reality or currently accepted accounting principals. Case closed. Take it up on appeal if you feel that justice hasn't been done. "You only hurt the ones you love."

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