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Technology Stocks : C-Cube
CUBE 37.72+0.9%3:59 PM EST

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To: Tim Michaels who started this subject3/30/2001 11:28:12 AM
From: DiViT  Read Replies (1) of 50808
 
Analyst Actions: LSI Logic, Sanmina, Gadzoox, Tupperware
By Eric Gillin
Staff Reporter
3/30/01 10:19 AM ET

Salomon Smith Barney analyst Clark Westmont hacked at LSI Logic's (LSI:NYSE - news) estimates like Jason Voorhees at a late-night bonfire. Westmont dropped his 2001 and 2002 projections on the company to a level way below what the rest of Wall Street thinks.

Instead of coming in with a profit for 2001, the analyst thinks that LSI will come in with a 24-cent loss. That's lower than his previous call for a 14-cent profit and a whopping 45 cents lower than the consensus estimate. LSI's 2002 estimate wasn't much better. Westmont thinks the company will make 5 cents a share, down from his previous 34-cent target and well off the 62 cents expected, on average, from analysts that track the company.

thestreet.com
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