SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : LSI Corporation

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Andy M. who wrote (16723)1/29/1999 12:58:00 AM
From: uu  Read Replies (1) of 25814
 
I particularly liked reading the following from the earnings report:

'Our overall business strategy is Internet based, as each of our targeted vertical markets is participating in this global trend,'' said John P. Daane, LSI Logic executive vice president of Communications, Computer and ASIC Products. ''The worldwide acceptance of the Internet confirms our decision to acquire Symbios and to assume a leadership position in the growing storage market.''

Daane also noted that LSI Logic's Computer, Telecommunications-Wireless, Networking, and Storage Components Divisions all achieved sequential bookings increases in the fourth quarter.

''LSI Logic's Storage Systems Division achieved record 1998 and fourth quarter revenues,'' said Tom Georgens, LSI Logic senior vice president and general manager of Storage Systems. ''We added to our OEM customer base during the past three months and our MetaStor storage systems products recorded nearly 50 percent year-over-year growth.''


At the risk of imposing, can I ask someone to summarize what was said in the conference call?

Where are Shane and Madam E. ?
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext