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Technology Stocks : LSI Corporation -- Ignore unavailable to you. Want to Upgrade?


To: Andy M. who wrote (19199)7/7/1999 3:39:00 PM
From: patrick tang  Read Replies (1) | Respond to of 25814
 
Another one that I had not expected - LSI did not correct to much below $45 after the run-up. I think all the strong hands are in for a n excellent Q2 + excellent forward looking cc. The semi upturn is just about confirmed - even CY and IDTI and ALSC are showing life again.

Question in my mind is how good is LSI going to be intermediate term - if we get consensus forecast for $2.1B for '99, this stock should go past $50 after earnings.

patrick