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Technology Stocks : LSI Corporation
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To: patrick tang who wrote (13523)7/14/1998 5:55:00 PM
From: Hightechhooper  Read Replies (1) of 25814
 
On the Seagate CC they indicated that fibre channel products are just now starting to really take off and they expect significant growth rates over the next several qtrs and it is already moving to a level of a significant contriubutor to the business (both in terms of units and profits). They indicated this product is about 1 year behind schedule so maybe some of the growth LSI was counting on in the second half of 97 will finally surface in the 2nd half of 98.

Since LSI can't seem to light their own fire, maybe seagate can do it for them. New products like these are THE selling story for LSI stock, of course we know that but apparently Wilf and friends do no!
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