(IBM - mostly FUD)
Tony:
That's the problem isn't it - mostly FUD and that was the point I was trying to make - LSI is not going to be hurt by this - others will be in the long term but not LSI.
Again to anyone else: LSI did not go down because of the IBM announcement.
A few more points:
(1) DSP cores are used here mainly for communications. Consider all of LSI's key segments - DSPs are not used by LSI for networking (all digital), telecom (ditto), cameras (ditto), DVD (ditto), STBs (ditto), PlayStations (ditto), workstations (ditto), FC storage (ditto), servers (ditto).
So why exactly does LSI go down because of the IBM announcement - every single segment is not affected. Briefing is talking garbage.
People with lots of comm. exposure like VLSI and ADI and TXN can worry about it l/t because they do not have the best integrated solution (VLSI is amply good enough now though.)
(2) Secondly, LSI has a whiz-bang GSM chip now and almost certainly will have a whiz-bang CDMA chip within the next 6 months. Plus they have licensed what appears to be a pretty good DSP core from Siemens.
(3) People should realize that LSI builds systems not markets cores - if LSI has enough cores and more than likely CoreWare is among the top 3 libraries in the world, LSI will be fine.
So again: IBM announcement does NOT hurt LSI - not now not in the long term.
Those kind of comments remind me of those so many past comments from others - a zillion other causes why LSI is doomed - LSI is a DRAM maker and going down in sympathy with DRAM, Korea, conversions to logic, Toshiba winning PlayStation, NSM's Cyrix, CUBE and DVD, LSI's Minoltas suck, INTC has a lock on the digital camera market, insider selling and on and on...
This is getting way too tiresome...
Everyone on any little bit of news thinks LSI is going to die. It has been nonsense in the past, I expect it to be nonsense in the future.
To anyone else: Again LSI has not announced layoffs, LSI is not losing 200 million dollars per Q, LSI is not affected by the PC slowdown etc etc. (LSI will be affected if there is a global recession but then everyone is toasted.)
When the pipeline of design wins for LSI shrinks (not in this century) then I'll accept the doomsayers.
Shane. |
