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Technology Stocks : LSI Corporation

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To: Jock Hutchinson who wrote (14264)	8/18/1998 3:34:00 PM
From: getgo234	Read Replies (4) of 25814

Jock and others: If institutions are aggressive sellers of LSI in such a strong market in which tech stocks are participating in the rally, the institutions MUST believe that the remainder of 98 and 99 will be extremely disappointing. Even if the street lowered its 99 estimates from 1.50 to 1.00 LSI is still selling at a considerable discount to the market. Can things really be this bad ? It strikes me that the institutional guys are assuming the worse possible outcomes regarding the new fab and the Symbios acquisition. Your comments as always are appreciated.

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