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: Skywatcher who wrote (22328)	7/11/2000 2:06:55 PM
From: Paul Lee	Respond to of 25814

from wsj onlineCommunications-based chip makers are also expected to benefit from strong demand, despite concerns of late that white-hot sales of cellular phones have softened somewhat. The biggest vendor in the category is Texas Instruments Inc. (TXN), Dallas, which has struggled with a sluggish disk-drive chip business. For that reason, and because cell-phone sales are believed to have cooled this quarter, analysts said the company's upside potential should be muted. TI, set to report on July 24, should earn 30 cents a share in the second quarter, as tallied by First Call, a 30.4% increase over last year's 23 cents. Analysts are bullish on LSI Logic Corp. (LSI), Milpitas, Calif., a maker of chips for broadband communications equipment, set-top boxes and other trendy gear. Its results "have probably been a slight disappointment for the first half of the year," Niles said. But the company, when it reports numbers July 25, is set to exceed expectations, he added. Wall Street has a target of 29 cents a share, compared with 11 cents a year earlier.