Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: sea_biscuit who wrote (22061)	5/3/2000 3:28:00 PM
From: Tony Viola	Read Replies (1) \| Respond to of 25814

Dipy, >I don't know what Tony is doing. Holding on to my LTBH collection, and not much else: INTC, LSI, CSCO, EMC, AMAT. Riding out the ups and downs. I've never been more confident in tech stocks than I am in the solid companies that are most responsible for the Internet buildout over the next five years plus. I know they've gotten expensive, but I don't feel like selling, paying taxes and trying to decide when to buy back. Right now, I think a lot of folks are like hunkering down in the bunker waiting for the gunfire to stop. Tony

To: sea_biscuit who wrote (22061)	5/3/2000 3:58:00 PM
From: uu	Read Replies (2) \| Respond to of 25814

I think everyone is still on board and there is no sinking ship. Its just that it is boring to say the same thing! Anyway I still believe in what I stated earlier: Message 13505853 Regards, - Addi

To: sea_biscuit who wrote (22061)	5/4/2000 12:08:00 AM
From: Jock Hutchinson	Read Replies (2) \| Respond to of 25814

Dipy and others: I apologize about missing the cc, but what happened is that I had it 85% transcribed, and then ran into a medical emergency with one of my kids. By the time I got back, the CC was no longer available. And I don't want to post the "detailed summary" unless it is truly detailed and accurate. However, there were a couple of interesting points raised at the CC that caught my attention, These are 1. LSI will not announce CDMA customer production until after the fact. This is because those customers who are about to switch to LSI do not want to lose their current supplier, which they fear is a possibility if they announce they are switching to LSI rather than have switched to LSI. 2. The future has never looked brighter. When the bad news is that there is going to be some additional money being spent up front because the communications business is growing even faster than projected, then life is very good indeed. Remembering of course that it is in Communications where the highest margins are at. 3. LSI really does intend to keep their Systems Storage business. It is real clear that Wilf sees extraordinary potential for storage in the near future. 4. Because LSI is a single source chip manufacturer, they are in a better position to judge industry growth, and the growth is very good indeed. 5. The four "segments" that constitute the Communications division are Broadband, Networking, Set Top Decoder, and Wireless. The Networking segment is not to be confused with "Networking Sytems", which is a seperate Division as is Communications. 6. Wilf is comfortable with 8 to 10 percent sequential growth going forward for the next 7 quarters, and this would mean that by the last Q in 2001, LSI could do $1.2 billion in revenue for the quarter, and it could see 54 cents profit per share. If that trend continues, this would mean that LSI is selling rather cheaply based on a forward look ending in the last part of 2001. 7. By the end of this year, about 70% of all products shipped will have some component of LSI intellectual property in them, whether its Standard product or some form of Coreware. About 20% of current product is Standard Product, and that figure is expected to grow simply because the market is dictating that LSI have some form of "off the shelf product" in addition to the customers created (or at least partially created) ASIC product. 8. The recurring gains from investments is a very solid figure, and LSI is to be commended for not loading less certain investment gains onto the bottom line. Moreover, the communications investment fund increased by 50% to 75 $ million. This will ultimately add significant bucks into LSI's already large coffers--coffers that will see a cool Billion in cash by the year's end. 9. There was a slight increase in Accounts Receivables since LSI instituted a new enterprise software system this past quarter. But that glitch has been worked out. 10. BAsed on the sales of PSI, LSI expects to see PSII sell 15 million in 2001 and 20 million in 2002.Comment: Not even close. PSII will do much better. Finally Dipy: I am up about 6 percent on my investment to date, and I expect to do much better over time. Warm regards and good health to all. JH