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

To: E. Graphs who wrote (8159)	12/5/1997 6:06:00 PM
From: shane forbes	Read Replies (3) \| Respond to of 25814

Sally / E.Midas / E! In my mail today: (!) 1) The semi-annual report for the Kaufmann Fund had 300,000 shares of LSI as of June 30, 1997. Before everyone gets too excited that was 0.2% of their fund (a good one). Still theoretically they must see something in LSI - it was not a short... (of course with 20.00/19.97 hindsight short would have been better - LSI was valued at 3.6 million or $32/share at that date. AMAT was a (small - 10,000 shares) short.) 2.) I bet you guys must get things like these - unsolicited reports to buy into the greatest financial ideas since sliced bread. Anyway I got one of these today titled (Confidential Report) "Wall Street's 3rd Great Shocker of the 20th Century". Here's what they say about a company that they do not name. Italics are mine: " I'm about to introduce you to one more visionary leader and a dominant ( mmm... ) technology company that is now profiting mightily ( did I miss something? ) from a strategy outlined years ago. The CEO's name is Will Corrigan ( sic presumably Wilf ). And here are the facts I want you to consider. Corrigan understands that all microchips are not created equal. While most companies went for the quick bucks in memory chips, Corrigan's company chose a different path - one where the riches mounted slowly.. .but are apt to stick around for a much longer time. You see this company - poised to double our money, then perhaps quickly double it again - chose a more complex and unique technology.. logic chips. And the vision is paying off in a quite remarkable way. Logic chips - unlike memory chips - are not interchangeable. And instead of winning business based on low prices like a commodity broker a logic chip-maker earns profits by making great products that match their clients' every desire. And there's no better team in all of hi-tech than the one Corrigan has put together. They're great business-builders, cultivating the relationships that will keep profits growing for years. Their business is well-diversified ( yeah right ) for added safety, with inroads in virtually every industry from sophisticated network hardware to video games. And their technology - and dedication to innovation - ( must mean high R&D ) is first - rate...indicative of a compelling vision that will make them #1 for years to come. And if you act quickly I have even better news. As you know all tech stocks face some price volatility on Wall Street. And as I write this the stock is temporariy selling at a very attractive discount to its true current worth. ( unfortunately no mention of what this value is ) I wish I had room here to tell you everything you need to know about Corrigan and his great company, but I don't. So I've packed it all into my report, 11 Companies Set to Dominate the New Global Economy , which I urge you to send for now so you can evaluate this opportunity for yourself. I expect to see fast gains of 25% to 30% as the stock's price slingshots back to equilibrium - and profits many times that in the years ahead. And that's the safest sort of investment you can ever make. A dominant global growth company ... great products with superior technology... selling at a price that all-but-guarantees your profits. Best of all you get another visionary CEO on you team ( partly true - 1/2 the team - Halla is gone ). A man who understands the future of his business... is always three steps ahead of the competition ( but unfortunately one step behind the idiots who fight over standards in things like DVD )... and can help you safely build your wealth no matter what twists and turns lie ahead in these extremely tough, competitive times." The above was on the same page as the following: #2 Wealth Boom We all know that investing is technology stocks is a great way to make a killing. Unfortunately its a great way to just get killed as well. It seems that everyone with a computer and an Internet link thinks he's the next Bill Gates. And the ticker tape is crowded with hundreds of tech stocks - most of which I wouldn't risk a dime on. But this company is a different story altogether. The last time I felt this strongly about a hi-tech company was when I recommended MU to Investor's World ( darn yet another link to MU !!! ) - in the early stages of its brief dominance. We pocketed 897% profits from Micron- now we're expecting our gains in this next visionary chip-maker. It already dominates the most profitable niche in the business ( what about MPUs and the FPGA makers and even many analog/linear companies ). Sales and profits are booming worldwide ( O really - in which alternative universe? ) And five years from now this high-octane growth stock ( which is sputtering right now... :-[ ) will be the "bluest of blue chips" on Wall Street". The above was so highly considered that it was the 2nd of the 11 Companies Set to Dominate the Global Economy. --- HA! If you have not guessed the report was an invitation to a One Year Trial (or Two) Subscription to INVESTOR'S WORLD by you guessed it the infamous JOHN DESSAUER. By the way the number 1 company to lead the Global economy - ERICY. (And if any one's wondering, since this was totally free direct junk mail - I'm not stealing from any copyrighted publication) --- E! this must be a sign from the Gods of Milipitas... 2 references (one indirect) to LSI in Dec. 5 Shane Forbes' mail. Must be THEIR way of saying BUY BUY BUY you dufus... :-)))))))

To: E. Graphs who wrote (8159)	12/6/1997 1:54:00 PM
From: jelrod3	Respond to of 25814

E, sorry I forgot to put in the date. Biggs made these pronouncements on March 18, 1997. His words about excess inventories and excess capacity seem especially prescient. We've sure heard a lot about both of these things lately (and, parenthetically, the inventory corrections that are forecasted by companies do not really seem to "correct"). And while his prediction of falling interest rates to 5% has not come true yet (he still has until August '98 for this to happen), rates have come down. Prices are declining....and if volume does not trend upward in response, then Biggs may just get the "Best Forecaster" award. The pre-announcements that we have seen in the last few weeks from several companies who say they will miss their quarter by very wide margins is certainly food for thought.