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Technology Stocks : Winstar Comm. (WCII)

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To: Pamela Murray who wrote (4929)4/3/1998 10:41:00 PM
From: James Fink  Read Replies (1) of 12468
 
Pamela,

Stick with LSI Logic. It is a far superior company to WCII. Whereas WCII recently was downgraded, LSI was upgraded to "strong buy" just last Wednesday. See below:

LSI Logic upgraded
April 1, 1998 10:36 AM

NEW YORK, April 1 (Reuters) - Gruntal & Co said on Wednesday it raised its rating on shares of LSI Logic Corp to strong buy from hold.

-- Believes LSI is in early stages of a recovery that could accelerate strongly during the second half of 1998 and into 1999, firm said.

-- "We believe the inventory adjustment is over for the communications market and LSI has started to experience strengthening order momentum driven by existing design and new wins," Gruntal said.

-- Stock gains 1-1/8 to 26-3/8. ((Wall Street desk 212-859-1730)) REUTERS
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