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Technology Stocks : LSI Corporation
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To: Moonray who wrote (16679)1/28/1999 4:42:00 PM
From: Jock Hutchinson  Read Replies (2) of 25814
 
Most impressive is the 14 percent revenue growth over the third quarter of '98. This completely confounds the previously announced plan to go forward based upon an assumption of zero revenue growth. Equally encouraging is the fact that Wilf did not eviscerate R&D and the fact that the asset base has increased substantially. Clearly, this is a very good report, and it should lead to some analyst upgrades in the near future. 40 is a very real possibility within the next three to six months--unless we see a major setback in out stock market--something that is not out of the question with the uncertainty of cyclicality rearing its ugly head due to world-wide Y2K problems.
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