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

To: uu who wrote (19308)	7/16/1999 5:01:00 PM
From: shane forbes	Read Replies (3) \| Respond to of 25814

Addi: No! Unless it is a really weird spike and we then promptly tank to something much lower. $100 this year can't be justified based on underlying fundamentals but greed and overzealousness does do strange things at times. Look at all the small chip companies soaring. <add> Now that I think about it - there could be some 'smart' people out there who see the storage biz that LSI has and give it a very big (and justifiable) valuation based on some of the results coming out elsewhere. If you believe some of the valuations in that area then it is possible for LSI to be much higher based solely on this. Those same 'smart' people could then tack on the Sony PS I's and II's cash flow comfort numbers. Plus very strong strength in other consumer areas and very strong strength in networking. Which leaves servers and wireless. LSI needs a big design win in the latter area I feel or at least some good PR - I suspect there are many disbelievers. Maybe LSI should do a storage components/systems tracking stock - ha ha. So if people want to go nuts then I guess it could be possible but I would not assume this is a sure bet at this stage.<end - add> If we make it $60-$70 is more than enough.