LSI Corporation Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : LSI Corporation

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Jock Hutchinson who wrote (13531)	7/14/1998 7:52:00 PM
From: Hightechhooper	Read Replies (1) of 25814

Undoubtedly, an seg bull was quoted as saying 100% sequential growth. Management stated that growth in current qtr vs last was high double digit range but less than 100% and future growth will be significant but not at the same rate as last qtr due to the increasing size of the business. Obviously, this is significant and does not need to be exaggerated. Regarding Symbios, if you go back to a Lehman report dated 6/16/97, you will see that Gumport did a full blown strategic review with Moshe Gavrielov. In that report Gumport states..."LSI notes that it considered but rejected a move into SCSI because 1) the competition was well entrenched and 2) LSI sees a much less dynamic SCSI market in upcoming years as Gigablaze/Fibre Channel become accepted". Can you say CANNIBALIZATION, I know you can! You may draw your own conclusions, I've drawn mine. However, reality doesn't matter to me right now, I just want LSI to tell a good story on the 23rd so the price will go up and I can get out.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next