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Technology Stocks : LSI Corporation

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To: patrick tang who wrote (22377)	7/26/2000 12:46:05 PM
From: Jock Hutchinson	Read Replies (1) of 25814

Patrick: I had a modest trading position in LSI up to today, as opposed to investment postion that I liquidated on March 8th. Today, I reinsittued a significant investment position. Your are looking at a acompany taht is celling at 17 times next year's earnings. I will not be giving any summary of the CC, but a lot of the negative news is very short term, and I am not dissuaded. They have more anticipated desing wins in CDMA than ever before for example. I took it in the neck on Xerox, but I still feel that I am in the stock at a very nice price. My current play comes up Friday. And I hope that the market is down the next two or three days. That stock is a potential superstar named AVICI

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