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Technology Stocks : LSI Corporation
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To: Moonray who wrote (10976)3/18/1998 6:29:00 PM
From: eDollar.com  Read Replies (1) of 25814
 
I am waiting to get into LSI, but at a price at around 18-19.
In the last 2 down turns it went to 17-19 range.

I think LSI will see this price because:
(1) CS warning. LSI is a big supplier to CS
(2) BAY warning. I guess they have some ASIC at BAY (but not sure)
(3) CSCO's new product driven by LSI are popular but have not take the business segment by storm.
(4) Slowdown in PC business (at least at CPQ).

I think LSI will warn that the next quarters are going to be rough like JBIL.

Any opinions
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