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Technology Stocks : LSI Corporation

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To: john dodson who wrote (16343)1/8/1999 1:01:00 PM
From: patrick tang  Read Replies (1) of 25814
 
Exactly! There was really nothing THAT wrong with the core business, in Q3 it still produced, abait with 10% less sales. In my view, there was nothing THAT wrong with Symbios or Gresham either, but both of those things were used along with 'decline in core business' to knock the stock way down.

The analysts and MM made tons of money both in commissions and trading in taking the stock down. I look forward to them making another bundle taking the stock back up. If it is as reported, storage/Symbios doing well, Gresham to plan & no nasty surprises, core business/bookings back up, then hopefully that will be the 'new' story to work the stock again.

We'll see.....

patrick

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