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


To: sea_biscuit who wrote (23725)3/20/2001 5:45:50 PM
From: Paul Lee  Respond to of 25814
 
Dow Jones Newswires

LSI Logic Up 10% On Analysts' Bullish
Comments

Dow Jones Newswires

By Chinita L. Anderson
Of DOW JONES NEWSWIRES

NEW YORK -- Shares of chip maker LSI Logic Corp. (LSI) rose for the
second straight day Tuesday on a bullish analyst's comments.

Prudential Securities Inc. analyst Hans Mosesmann was "very impressed" with
the company's communication-centric technology and intellectual property
when he and other analysts met with company officials Friday.

In a research note late Monday, Mosesmanm said, "We believe that
communication revenues will continue to increasingly drive LSI's top-line over
the next few years."

He also views the company's extensive intellectual property as being a "critical
factor for success" in acquiring market share in the broadband sector.

The Prudential analyst maintained his hold rating on the stock.

Shares of the Milpitas, Calif., company recently traded at $18.82, up $1.76,
or 10.3%, on volume of 3.3 million compared with average daily volume of
4.3 million.

"We remain optimistic about LSI's long-term prospects given the company's
solid positioning in its end-markets, broad product and intellectual property
portfolios, and leading edge process technologies," Robertson Stephens
analyst Eric Rothdeutsch said in a research note Monday afternoon.

But Rothdeutsch is "cautious" on the company's near-term prospects.

The Robertson Stephens analyst has a buy rating on the stock and a
12-month price target of $22.

Company officials weren't immediately available for comment.

-By Chinita L. Anderson, Dow Jones Newswires; 201-938-4513;
chinita.anderson@dowjones.com



To: sea_biscuit who wrote (23725)3/21/2001 10:10:07 AM
From: Duane L. Olson  Respond to of 25814
 
Deleted -- Dupe



To: sea_biscuit who wrote (23725)3/21/2001 10:10:33 AM
From: Duane L. Olson  Respond to of 25814
 
Dipy.. I just happened to wander by. And your words ring of truth to me. Inflation is virtually no risk at all at this point, imho. Deflation, on the other hand could give us a re-run of the Japan scenario. And the Japanese are now, finally, considering flooding their economy with yen to break the persistent deflation (and accompanying recession). Before we have to adopt such extreme measures, I hope the Fed will follow Addi's advice and move the discount rate down rapidly. Just mho..
tso