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: Robert H. who wrote (8725)	12/24/1997 11:54:00 AM
From: john dodson	Read Replies (4) of 25814

Lehman's LSI report (it ain't good): lehman.com Doesn't sound good. They lowered LSI's earnings projections for 4Q by 3 cents, for FY98 by 15 cents, and FY99 by 20 cents. They reduced 12 month share target from $35 to $29. They also believe that short term direction is still lower, since consensus projections remain well above likely reality. Almost sounds like they're expecting a big drop in LSI when 4Q earnings come out. I must admit, I was gonna sell some LSI $20 puts today as a way to get in, but after this I may wait a day or two (and miss out like usual). Comments? -John Dodson

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next