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Technology Stocks : LSI Corporation

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To: Jock Hutchinson who wrote (14554)8/25/1998 10:33:00 AM
From: getgo234  Read Replies (1) of 25814
 
Jock and others:
TechInvestor on 8/11/98 reported that sales of video game systems have nearly doubled in the two months since Nintendo and Sony Playstation assumed a lower price. Each manufacturer dropped its system's price from $ 149 to $129. Why doesn't Sony's success with Playstation
translate into increased profitability and revenues for LSI's consumer
products ? I have a gut feeling that LSI has been so anxious to maintain its relationship with Sony that it has sold its chips to
Sony with minimal profit margins.
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