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

To: Tony Viola who wrote (9188)	1/27/1998 8:43:00 PM
From: shane forbes	Read Replies (1) \| Respond to of 25814

RE: "Do you think all the marvy new LSI products will start flying out the door and get this stock really moving again?" Tony why yes I do! I've gone from being hesitatingly bullish i/t to l/t as a result of the Q3 c. call when they announced the Q4 shortfall to being much more i/t to l/t bullish after the most recent c.call. A lot depends on how fast DVD ramps. PC DVD s/ be a fast ramp. So hoping for 40-60 million in revenue (low end) this year and ideally at least double this number next year. Sounds like old hat but they really are well positioned and over a 3-4 year horizon anyone'll do well (figure 30%+ returns/year) However don't expect big moves (+40-50% gains) in the next couple of months. Tough to see why. The issue is whether to buy now or just wait and see. Since my cash position is pitiful I'm waiting and seeing!