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Technology Stocks : LSI Corporation

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To: FastC6 who wrote (22407)	7/25/2000 11:44:44 PM
From: E_K_S	Read Replies (1) of 25814

From Raging Bull - It appears that LSI was downgraded... "...LSI was indeed downgraded by Salomon Smith Barney from a 1S (Buy/Speculative) to a 3S (Neutral/Speculative). It's right on the website: smithbarney.com ..." and then there was this post... "... LSI DOWNGRADED BY SSB LSI Logic was downgraded to Neutral by Salomon Smith Barney today at 10:15pm. They have also slashed the target price to $40 and warn: "We believe there is downside risk into the $30 neighborhood should further estimate cuts be necessary." ..." ============================================================ I thought the report looked OK and the sequential "earnings" growth was very good. Revenues will fall into place as newer higher end chip products get into production late this year. I like the focus on (1) wireless and (2) DSL chip components. EKS

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