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Technology Stocks : LSI Corporation

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To: shane forbes who wrote (12103)5/3/1998 10:10:00 AM
From: getgo234  Read Replies (1) of 25814
 
Shane and others:
Article appearing in FT dated May 1 pg 17. Eastman Kodak and INTC form partnership.Eastman Kodak and INTC announced a broad-ranging partnership intended to breathe life into the market for digital photography among consumers. The article initially discusses the companies finding a higher -quality and cheaper way for customers to put their pictures on to their home computers. Later in the article "The companies will also work on developing a high-resolution mass-market digital camera, which would bypass the need for traditional film and photofinishing altogether. The lack of affordable, high-quality cameras has been one of the main reasons why digital photography has failed to live up to early expectations. By working with INTC, Kodak would be able to launch a high resolution camera at a mass-market price far more quickly". I would certainly think that INTC must be intending to use its own chips on such a product. Is this overall a positive for LSI in that the digital
camera market will become a mass market product sooner or is it terrible news in that INTC will be competing for the same market as LSI. Your comments are appreciated as always.
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