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Technology Stocks : LSI Corporation
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To: Bob Howarth who wrote (20890)12/18/1999 1:14:00 PM
From: Glen2  Read Replies (1) of 25814
 
In a report written by Mark Edelstone and published Thursday by Morgan Stanley Dean Witter, LSI was discussed:

"LSI Logic is benefiting from two extremely powerful demand trends, which are being driven by the need to provide Internet infrastructure and the development of digital consumer electronics products. As the largest ASIC manufacturer in the world, we believe that LSI is well positioned, and the company's margins and earning power should increase significantly as the utilization of the company's fab in Gresham, Oregon increases. LSI reported one of the largest positive earnings surprises in the third quarter, and our fourth-quarter earnings estimate is well above consensus and the highest estimate on the street."

Good trading, Glen
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