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

To: Mark Brophy who wrote (8735)	12/24/1997 4:47:00 PM
From: DavidG	Read Replies (1) \| Respond to of 25814

Mark, You better read the disclosure statement at the bottom of the Lehman report. They all have a conflict of interest with LSI giving them a bias to report on LSI in a very positive way. If you just read the facts and filter out the opinions you will see the content is very negative. From a technical point of view, since LSI broke 22 on 12/10 and closed at 19 13/16( a new closing low) we should realize now that LSI may not be putting in a double bottom but rather may be going down further. At minimum LSI will be dead money for at least another quarter since the consensus is for a lower expectation in eps this quarter and a wait and see for following quarter. I am not happy about that report but it is the second bad downgrade. KURLAK the "idiot" indicated the same on 12/1 causing a decline from 25 1/8 so maybe expect another one. I would suggest selling into any rallies and just wait and see after that if the fundamentals change. I just hope there is a rally but so far it doesn't look like SANTA CLAUSE is coming to town. Good Luck DavidG

To: Mark Brophy who wrote (8735)	12/24/1997 11:08:00 PM
From: john dodson	Respond to of 25814

> That's a bad report? Sure that's a bad report. I'm not necessarily giving a whole lot of credence to these anal-yst's (biased) views. Of course LSI still looks attractive if you're in it for the longer term (1-3 years). However, the report clearly painted a picture of a weakening LSI stock, at least in the short term. 12 month target declined from $35 to $29, earnings were slashed accross the board, the ranking moved from 1 (highest) to 2 (still good, but worse), and so on. Having said that, I'm still considering jumping in LSI. Can't decide between LSI, AMAT or INTC. INTC is sure to bounce back to at least $80 in January, AMAT will probably bounce to $35, but LSI is less predictable in my view. It could easily bounce to $25 on good earnings with some help from the market in January, but it still seems the most vulnerable to the d*mned spin doctors of death. If they miss the numbers, we're gonna be in for another round of LSI bashing by the analysts. I can just hear 'em now saying that 1998 is gonna be a terrible year for the semi's. Oh well, decisions decisions. -John Dodson