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

To: Duane L. Olson who wrote (8376)	12/12/1997 4:27:00 PM
From: Mark The Trader	Read Replies (2) \| Respond to of 25814

Hard to say at this point, think back about a year when LSI was saying that the Pacific Rim could produce over 2 billion in revenues per year by the year 2000. So I guess that they have a lot of exposure over there. I am a contrarian and think that purchases at these levels could have a nice pay back within a year, unless as I said before , we start to have a global recession. A lot of stocks have priced into them possible lousy earnings and weak forward estimates anyway, plus your having a year end tax effect going on. The Asia mess will probably take at least 2 quarters to work itself out (inventory effect).