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

To: shane forbes who wrote (7907)	11/23/1997 9:20:00 PM
From: getgo234	Read Replies (1) \| Respond to of 25814

Shane and others: IAW Korean Herald dated 11/12/97 the yield on 3 yr corp bond, a benchmark for lonG term interest rates, recently rose to a yearly high of 13.11% versus a 12/31/96 rate of 12.60% and a low of 11.70% in June 1997. I would surmise rates will move higher in the near future with the intervention of the IMF. I see why Korean multinationals have been raising funds off shore. However, now they obviously must deal will the sharp devaluation of the Won.

To: shane forbes who wrote (7907)	11/24/1997 1:48:00 AM
From: Duane L. Olson	Read Replies (1) \| Respond to of 25814

O Most Exaulted Wizard.. this sounds like the same subject we were discussing a couple of weeks back! Namely, that the availability of capital for the LSI competitors in SEA is going to be dismal to nil for some time. (What's the chance of a couple of those super-over-leveraged, growth at all costs companies going flat bankrupt??) And with the cost of new fabs moving towards the $2 Bil range, how many does that cut out? Doug and I had a little back-and-forth about the tradeoffs between lower producer prices for the SEA producers and the advantage to U.S. producers in capital availability. My slant is the optimistic thought that by 2H '98 demand could start putting a strain on available fab capacities...or at least get that prospect in sight... with little relief from foreign sources. Result?--- an "inflationary" tendency, perhaps?. ( or what a bean counter would prefer to consider as revenue enhancement and wider margins for the chippers).. Just a few wandering thoughts (and JMHO, of course), as I rejoin the real world... TSO OLE!!