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

To: E. Graphs who wrote (21520)	2/23/2000 12:51:00 PM
From: ed doell	Read Replies (2) \| Respond to of 25814

Does someone here know what LSI stands for in the name? Also, what was LSI's original name/symbol. My daughter holds some inherited shares in LSI and would like to know for a school project. I'm curious as well. TIA Ed

To: E. Graphs who wrote (21520)	2/23/2000 1:58:00 PM
From: E. Graphs	Respond to of 25814

Reasons for today's upgrade by Gregory Mischou: NEW YORK, Feb 23 (Reuters) - Warburg Dillon Read analyst Gregory Mischou on Wednesday raised his rating on LSI Logic Corp. (NYSE:LSI - news), maker of specialty computer chips, to strong buy from buy and raised his price target to $90 from $60. -- Shares of LSI Logic were up 4-5/8 at 57-3/4 on the New York Stock Exchange. -- Mischou said despite a recent strong move to the upside, he thinks LSI remains undervalued given its position in many high-growth communications end markets. -- said LSI expects communications revenue to grow 60 percent year-over-year in 2000, and to account for 50 percent of total sales. -- said he believes LSI is trading at a significant discount from a 2001 price/earnings multiple perspective. -- said given its upside in manufacturing capacity, he believes LSI is beginning to win designs from certain competitors which are supply-constrained.