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