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Technology Stocks : Amazon.com, Inc. (AMZN)

AMZN 233.22

+1.8%

Nov 28 9:30 AM EST

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To: GST who wrote (112062)	11/22/2000 8:52:07 PM
From: Sarmad Y. Hermiz	Read Replies (1) of 164684

GST, As you might remember, back in '99, we discussed LSI on this thread. I had held LSI through a tough period in '98. ANd for me the attraction was that they have a large chip making capacity which was under-utilized, and which was just becoming employed. Meaning they have high overhead, but their variable cost is low when their capacity is fully utilized. As far as I know, nothing has changed from that mode of operation. The people who left LSI, I had never heard of them, and a year ago nobody else had either. Definitely, nobody cared when the stock was at pre-split $10/sh. So why anyone cares now, I don't know. The issue should be their chip making facility, and their revenue and backlog.

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