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Technology Stocks : LSI Corporation

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To: Paul Lee who wrote (25463)	1/2/2003 12:40:02 AM
From: uu	Read Replies (2) of 25814

LSI Logic Corporation (LSI / NYSE) Salomon Smith Barney We are reducing our Q4 sales model to $465 million from $487.5 million. Company guidance has been $475-500 million. Our pro forma EPS estimate is cut to a loss of ($0.03) from $0.01. Our CY-03 EPS estimate is cut to $0.05 from a prior estimate of $0.16. We are cutting our price target to $5 from $7. hmmmmmm.... A $5 price target?! I guess the stock trading at aroun d$5.7/shr is already way over valued by these guy's standards! LOL!

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