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Technology Stocks : LSI Corporation

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To: patrick tang who wrote (17127)	2/22/1999 3:13:00 PM
From: Ram Seetharaman	Read Replies (1) of 25814

LSI has a lot of outstanding shares. They are paying by stock. So it is hard to say if it is a bad deal. IF LSI hits $ 35 by summer or before, then it wouldn't be all that bad with a 25 % increase. But if SEEQ has some products that will strategically increase the long term growth of LSI (at least for the next three good semiconductor up years!) then this deal wouldn't negatively impact LSI at all. The market today is happy - LSI crossed $ 28 and is not far from $ 30. I am long on LSI.

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