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

To: michael97123 who wrote (23607)	2/10/2001 12:01:07 AM
From: uu	Read Replies (1) \| Respond to of 25814

Can someone please read the following and see if there is something in between the lines that Wilf is trying to tell LSI shareholders? Specifically does anyone think: a) LSI CEO thinks LSI shares are overvalued at this time and they may go down much further> b) Is this some type of pre-warning announcement. Sort of like how John Chambers of Cisco tried to do 3 weeks in advance of Cisco's earnings result through "cute" one liners such as "the business has been more challenging than initially anticipated", etc. ? Anyway here is the URL link to Wilf's interview with EETimes: eetimes.com Thanks in advance, - Addi

To: michael97123 who wrote (23607)	2/10/2001 12:42:38 AM
From: Andreas	Read Replies (1) \| Respond to of 25814

To:Michael97123 With today's close we are sitting right about where january began and hence we have lost all of January's gain. As for news on LSI. Absolutely there is news. Corrigan will be guiding further down. Read this interview with Corrigan. — "LSI Logic Corp. chairman and chief executive officer Wilf Corrigan harbors no illusions about the current economic situation. Not only does he see a full-blown recession, the company may even push out its newest fab project if business conditions do not warrant the additional capacity. "Obviously we are going through a correction right now, but I think the situation is much more severe than anybody has said," Corrigan told EE Times in an extensive interview. "I think we are in a recession right now, and that we are looking at coming in for a hard landing. People keep talking about a soft landing. Well, I keep looking around for the people who are sitting on pillows, and I just don't see them." =======================================================================================