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Technology Stocks : LSI Corporation

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To: Paul Lee who wrote (20608)11/11/1999 10:05:00 AM
From: Tony Viola  Read Replies (1) of 25814
 
Paul,

where is everybody, all kind of upgrades out this am

I heard Merrill's (from the mouths of babes, sorry, Maria). They basically are predicting 21% semiconductor growth for 2000, like LSI and 10 others. I also remember ADI, CNXT, LLTC, TXN.

Some of you are not going to like this, but Merrill's target price was raised from $62 to $73. I know you want $90 or so, but I maintain that they think that there is already a lot of good news built into the price, what with the huge runup over the last year. OTOH, a lot of those other stocks also have had huge runups. Hey, I want all I can get too.

Signed,

Greedy (I mean Tony)
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