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


To: shane forbes who wrote (10776)3/11/1998 10:16:00 AM
From: DavidG  Read Replies (1) | Respond to of 25814
 
Shane,

I wouldn't put too many eggs in the Sony Playstation. There have been rumors about the next generation possibly going to Japanese Semi company(Toshiba I believe). With SEA in turmoil, DRAM not profitable and everyone wanting to get into ASIC, and the currency being devalued, LSI is seeing strong competion from all fronts as well as currency disadvantages.

I don't mean to be a doomsdayer, but something is wrong with LSI, and the fundamentals we are dwelling on may not be enough...and we could be missing the big picture. One thing is for certain the charts don't lie...and from a technical standpoint LSI is looking extremely weak and could possibly break down further...although I have to admit It is looking better today.<g>

DavidG