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Technology Stocks : LSI Corporation
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To: thomas hayden who wrote (14010)7/30/1998 9:57:00 PM
From: DavidG  Read Replies (1) of 25814
 
Thomas,

I also agree that the 10% of Revenues was very telling. Wilf may be saying that when you find out we are not getting Playstation II it only impacts a minimal amount, OR he can also say if LSI does get the business 10% is still significant.

I really think Wilf has been troubled by these hedgefund players and may have felt they were constantly manipulating the price of LSI with false rumors. It is surprising, though, that he would reveal this at a Technical conference, but maybe we are seeing a very angry side of him. Let's face it I don't believe in any way Wilf is happy with the stock price and maybe he is starting to take a lot of heat from it...and he did use his own money to buy 100k of shares at $23.

DavidG
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