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Technology Stocks : LSI Corporation

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To: shane forbes who wrote (15067)9/17/1998 12:57:00 PM
From: patrick tang  Read Replies (3) of 25814
 
Re: There could be some downside due to the DPMI connection - Sept may not have bounced up as I would have been hoping for

I don't see DPMI connecting with LSI business currently. There's more than enough capacity in the mask business to cover for anything that LSI wants to do now. I think DPMI just overbuilt. As for Sept bounce, the stock is holding pretty well today and yesterday. If the insider leaks are as effective as it was a month ago, that would mean that Sept sales did come back from July lows. Well, I am hoping anyway.

Can't belive AG said what he said yesterday. I think he has just set the stage for a major market crash unless he lowers interest rate. And if that happens, that would take the whole world market with it when US consumer tanks. We need lower interest rate so overseas can lower their rates and rev. up their economies. All the high interest rate imposed by IMF is killing overseas consumer spending. The dollar is too strong.

patrick
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