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

To: fedhead who wrote (8979)	1/13/1998 7:25:00 PM
From: Mang Cheng	Respond to of 25814

<Wilf Corrigan bought 50000 shares in the open market at 23.> I think it should be 100,000 : ****************************************************************** Similarly, LSI Logic Chairman and CEO Wilfred J. Corrigan bought 100,000 shares of his company in November for about $23 a share. Milpitas-based LSI's stock, which closed Thursday at $19.94, has tumbled from a May peak of $46.50. ''It was a good deal,'' Corrigan says through an LSI executive. ''And if you look long-term, everything's going to be fine.'' Corrigan took similar open-market positions in 1989 and 1990, when the company's stock was worth a fraction of its current value. *******************************************************************