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Technology Stocks : LSI Corporation
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To: Maverick who wrote (22458)7/26/2000 3:01:33 PM
From: akmike  Read Replies (1) of 25814
 
I can see how SSB has arrived at their forward look-I just believe that their assumptions are erroneous pertaining to revenues for Q4 and 2001. LSI is seeing more visibility going forward, hence the acceleration of capacity at Gresham. This is very bullish for next year's earnings and reinforces the earlier premise that LSI would be a big winner in 2001 because of the investment in Gresham. The CDMA news was not deep in content but certainly positive in terms of progress. I bought more today and will load up if the price goes below 30. (In this market anything is possible)
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