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

To: Tony Viola who wrote (20771)	12/7/1999 2:27:00 PM
From: Andy H	Respond to of 25814

I suspect what he means is more comfortable (knowledgeable?) about those products and markets that contain LSI chips-that those end markets are solid growers that have secular growth. If investors believe in a secular growth story, rather than cyclical, the PE can expand.

To: Tony Viola who wrote (20771)	12/8/1999 4:10:00 PM
From: Glen2	Respond to of 25814

Tony, I believe that he was covering two bases: First, Mark Edelstone and John Cross are acknowledging that LSI has been shifting its market focus, particularly to communication sub-systems stuff, and Second, it's customary to project declining P/E's in the future, as a conservative measure. In this case, he's allowing for the increase in LSI's P/E going forward. Meanwhile, I buy your conclusion: Let's be happy with up 7 and down 2. Let's do that several times in the new year! Best regards, Glen