Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: getgo234 who wrote (10548)	3/4/1998 10:15:00 PM
From: shane forbes	Respond to of 25814

getgo: I think that is exactly the irony of the whole situation. We did not recover nearly as much but we might be taken down just as much (at least initially). However rationality will set in and companies that are not as badly affected by the cheapPC syndrome should recover when all is said and done. Big Picture: My overriding concern is whether unit demand for chips is down. I don't think this is anywhere close to being true. At least for now. So I would keep and load up on the better quality semis. Better quality semiequips later. I really think INTC is being badly affected by the cheapPC syndrome whether they want to admit it or not. I think it's a shame that if it is true they just don't come out and say it but I guess that is business. Would have been much nicer for us (not INTC) if instead of weak OEM demand they had specified that it was weak OEM demand because cheaperPCs were not INTC. As another point in favor of strong PC demand didn't DELL just come out and say PC growth for 1998 was anticipated to be in the 17% range? What about that article that recent techweb article that said CPQ inventory was hard to find? Bigger Picture: The non PC companies that are a step ahead of the rest in terms of moving forward in the digital revolution (LSI being far and away numero uno among the larger semis) are well positioned. Irrespective of what tomorrow might bring. Keep the faith!!! Incidentally the eager party that began with that Monday in early Feb. is over for now. We have to wait for earnings releases and hope that companies like LSI will do better than the rest. LSI actually distinguishing itself from the average - that would be a welcome change! Shane.