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To: uu who wrote (8570)	12/18/1997 9:09:00 AM
From: RFF	Respond to of 25814

Japanese production of consumer electronics is supposed to fall off, but see continued demand for products like digital cameras: biz.yahoo.com

To: uu who wrote (8570)	12/18/1997 12:18:00 PM
From: Alok Sinha	Respond to of 25814

Addi, I don't know if this has been posted before. I noticed in yesterday's Wall Street Journal's Insider Spotlight section that the Chairman purchased about 50K shares for 1.1 M (avg price app 21). That to me is the sign that LSI is close to the bottom. I am seriously contemplating establishing a position at these levels. Although my record has not been too flattering with respect to market timing, but I may get into LSI right after some other high tech company comes out with a warning or weak numbers (which may be today after close with COMS and ADBE; there is a good chance that what happened with MU may also happen with COMS) Regards Alok

To: uu who wrote (8570)	12/18/1997 1:41:00 PM
From: sea_biscuit	Respond to of 25814

I would think the worst has already been built into the current price. 26% exposure to SEA, and even if assuming SEA delivers $0, the stock price seems to represent as if 50% of LSI's total revenue is gone and will never, ever come back! You need to realize that a 10% decline in revenues could result in a 100% decline in earnings! So, if we assume that exposure to SEA results in a modest 4% or 5% decline in revenues, we immediately realize how grim the situation is. That said, those who were wise enough to sell at 40 or so earlier this year, might find it worthwhile to buy back their shares now. Dipy.

To: uu who wrote (8570)	12/18/1997 2:18:00 PM
From: Duane L. Olson	Read Replies (1) \| Respond to of 25814

Addi, old friend, thanks for providing that info.. It shows 6% SEA exposure (ex-Japan) instead of the 7% I had stated. And a total Asian exposure of 26%. My view is that only the SEA portion is a vulnerability... and if the "hit" is (for example) One Third of those SEA revenues, then the total impact to LSI is 2% of revenues. And not something I worry about. One thing that does concern me is the long-term chart pattern on the SOX:http://chart1.bigcharts.com:80/report?r=cobrand&site=researchmag&onbad=cobrandsymb&symb=SOX&time=10&uf=0&sid=11520&sec=x&xyz=144707563&s=5753 There are folks who say a major "head and shoulders" formation is in effect, with a target under 200 on the SOX Index.. Looking for opinions on that possibility!! TSo