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

To: shane forbes who wrote (12461)	5/17/1998 10:37:00 AM
From: Andy M.	Read Replies (3) \| Respond to of 25814

Shane, For what it's worth, the market monitor (some guy named Green) on Nightly Business Report reiterated that he likes LSI. He said to buy it back in early January and on Friday night he said he would still hang on to it. He talked about the BBC chip (he had a British accent so maybe he knows that market?). He almost sounded as if he were bullish simply because of that chip. It made me think that he didn't know LSI very well and was just using the latest press release to justify his pick. But maybe he couldn't say more in ten seconds. The only possible fly in the ointment here is the old "someone knows something that we don't" line. But that seems hard to believe in this case. Wilf was very positive as of the shareholders meeting last week. they just had the BBC announcement. What could the secret bad news be? I haven't been following LSI that long, so I don't know about their past screw-ups, but I was around for the earnings warning that dropped us out of the thirties and that actually makes me take heart now, because Wilf and his pals gave guidance that exactly predicted the eps of the next quarter, which says to me that management has decent visibility and will tell us when they see problems. Now that they're seeing good things, I'm inclined to trust them. Maybe this is naive. I have a huge wad of money (for me) riding on them and I can hang on for a while but not indefinitely. Andy