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Technology Stocks : LSI Corporation

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To: Beachbumm who wrote (12030)	4/30/1998 5:46:00 PM
From: shane forbes	Read Replies (1) of 25814

Mr. Bumm: Let me make a more realistic guess. 50 as 1/3 of a l/t goal of 150 is funny but not accurate (I wish it were). With a market collapse impending With a very weak semi-equip BTB With summer doldrums With even semis like LSI not being immune to the bad stuff and taking a look at the tight distributions, I will nevertheless say: 31 5/8 [but still thinks high 30's are possible later on in the year pretty easily assuming all is well with LSI] Shane (who thinks things like earnings surprises etc are coming in the last q of this year and next year, who sees margin pressure because of n/t ramping, who hopes for major high volumes next year, who is a bit hesitant about the overall market valuations, who though he likes the trend of LSI - nice and steady - realizes that there are some long term people who would jump to get out if they could as the stock hits those (many) resistance points and who thinks but does not believe the Fed may raise in July - a lot of s/t poopie stuff to mess up our world. Still would like to point out that 31 1/2 is a 50+% return since Jan. and I like to low-ball...)

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