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

To: astrophysics who wrote (22439)	7/26/2000 10:47:19 AM
From: E_K_S	Respond to of 25814

Prudential downgraded LSI LOGIC CORP (LSI: 33-5/8, down 6-7/8 @ 9:56 am ET) from strong buy to accumulate. No further details were available. EKS

To: astrophysics who wrote (22439)	7/26/2000 10:55:57 AM
From: michael97123	Read Replies (2) \| Respond to of 25814

I am not an expert but I am not stupid either. I listened to the call, to the questions and the explanations. They had an execution problem that cost them 20mm by shipping a day late. Some parts problem for the balance of the revenue miss. Margins way up. That's a good thing right. Solve the execution problem and parts problem + higher margins yields bigger earnings going forward. What am I missing. By this measure stock should be in line with other semis less a bit for disappointment so 50-55 is good. The only way current prices can be accurate is if there are more problems to follow. No indication of that on the call.