LSI Corporation Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : LSI Corporation

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: shane forbes who wrote (7652)	11/6/1997 2:27:00 PM
From: Doug	Read Replies (1) of 25814

Hi Shane:That was an excellent article from IBD and fairly realistic. The Asian Currency crisis is going to be the decisive factor in determining the trend of the Techs here. IMO the trend at best is sideways trending down thru Q1. My reasoning is as follows: a:Japan is unable to break out of a recession as the Banks & Investors have lost fortunes and are fearful. bThe Asian Currency crisis is real and they are in belt tightening mode. Their survival depends on low imports & high exports. Because of this, competition will be severe and prices of our imports will decline. Companies having all their production in Asia and markets in Europe/USA will fair the best. Since LSI has to contend with additional ramping up cost for their new Oregon Fab, they will be under severe pressure for 1\|\|2 Q's. A prudent approach is defintely warranted.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next