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Technology Stocks : LSI Corporation

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To: thomas hayden who wrote (12077)5/1/1998 10:06:00 PM
From: shane forbes  Read Replies (1) of 25814
 
Some more snippets about Sony and "PlayStayshun" - basically Sony moribund, analysts not exactly tra-la-la but not exactly moribund either:

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But Sony has since repeatedly warned of uncertainties for the current business year, citing a slowing of demand in Japan and Asia, intensifying price pressures and a peaking of demand for its game console PlayStation, which helped overall growth in 1997/98.

Some analysts expect Sony to take a cautious approach, and predict a profit decline for 1998/99 year.

Kuriyama said he expected operating profit from Sony's electronics products, such as minidisc players, DVCs, televisions and parts and components, to increase 10 percent to 370 billion yen in the current year, assuming a yen-dollar rate of 130 yen.

While the contribution from PlayStation will slow, the growth momentum will continue and PlayStation will yield operating profit of 125 billion yen, up eight percent, he said.

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Shane. (pondering if DVC or Digital Video Cassette is the same as Digital Video Disk or else is some weird unknown to me little combination of old and new and also pondering if the PlayStayshun is hitting the upper part of the S-curve and is flattening out therefore implies that Sony's Y2000 release of the next integrated version will therefore be pulled in or if Sony realized all of this beforehand.)
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