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

To: shane forbes who wrote (7786)	11/14/1997 1:52:00 PM
From: getgo234	Read Replies (1) \| Respond to of 25814

Shane and others: 10-q for qtr ending 9/30/97 filed this week with the SEC. A couple of interesting points jumped out at me on the first reading. LSI purchased approx 400k shares at an average price of 31.75 in the qtr ending 9/30/97. (And I thought I was the only one foolish enough to buy the stock at those prices). Perhaps somewhat less interesting, LSI noted that yen borrowings of yen 17 billion ($141 million) were outstanding at fixed rates ranging from 2.62% to 2.86%. During the first 9 months of 97 LSI sold $136.2 million of accounts receivable at a cost of .3%. Company noted that it has significant receivables and and expenses denominated in yen and that this exposure could impact earnings. Overall, interesting reading (OK its a cold rainy day and I am bored).