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: Ross who wrote (23915)	7/26/2001 9:23:22 PM
From: E_K_S	Read Replies (1) \| Respond to of 25814

Here is another view about semi bookings. (http://cbs.marketwatch.com/news/story.asp?guid=%7BB2F1E3C4%2...) "...Memory-chip maker Cypress Semiconductor Chief Executive T.J. Rodgers said his bookings are up for the second quarter in a row, which signals to him the bottom has come and gone for his business...." EKS

To: Ross who wrote (23915)	7/28/2001 12:29:02 AM
From: E_K_S	Respond to of 25814

Hi Ross - From the Wall Street Journal Online News Roundup section 7/28/01: <edit> "...While many industry watchers agreed that LSI's revenue outlook for the third quarter is steeper than expected, the fact that the company is optimistic for a third-quarter bottom in all its segments except for networking was something to cheer about. Tim Mahon, an analyst at Credit Suisse First Boston, said the company is ready "for the inevitable upturn, with a much stronger balance sheet than in previous downturns." The analyst noted, however, that the stock is a "bit rich" at current levels. He said he would advise investors to stay on the sideline with an "eye towards lower entry points." LSI supplies chips for broadband, data networking, communications, wireless and set-top boxes. The company also provides chips and boards for network computing and supplies storage networks for enterprises. When it reported first-quarter results in April, LSI said that there were indications that revenue growth would resume in the second half of the year...." =========================================================== In the last sentence of this article the company said that "revenue growth would resume in the secound half of the year". This was mentioned in April 2001. EKS