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Technology Stocks : LSI Corporation

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To: E. Graphs who wrote (11686)4/18/1998 1:12:00 PM
From: shane forbes  Read Replies (1) of 25814
 
Hi E!

Like a bad penny I'm back. The weather in these parts has been way too good to concern myself with stocks and such. When working out my tax return I realized that my returns last year, in spite of the Oct. fiasco, were well into triple digit territory, so I said schrudamundo - I am taking a more passive view of my investments. I'll let you guys worry about the day to day stuff - I'm not any good at predicting these short term things anyway.

Sometime ago I made the case of the 2 LSIs. Here's official stats that bear that analysis out.

techweb.com
The top 10 standard-cell suppliers include some familiar ASIC names. At
number one is Lucent, which increased sales 30% in 1997, to about $1.25
billion. IBM boosted sales 31%, to $1.05 billion; and NEC posted a similar
sales hike to $900 million. LSI Logic was fourth with a 42% gain to $700
million.

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Using these numbers you'll see that the gate-array business for LSI absolutely plunged. Like it did for other companies. Not concerned - this is not where the fat margins are.

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Shane.
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