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

To: Charles Thomas Mathews who wrote (12568)	5/21/1998 9:34:00 AM
From: Hightechhooper	Read Replies (2) \| Respond to of 25814

This may be the problem: STM is reporting that they have taken the Echostar business away from LSI (see lehman report dated 5/13) valued at $40M per year. Set top box recovery was suppose to be big part of LSI growth problem #2: Recent review of 28 digital camera's ranked Casio and Minolta at or near the bottom of the list due to EXTREMELY POOR PICTURE QUALITY (details at this link computers.com. Digital camera growth was second part of LSI's expected strong growth, there is no way with reviews like these. Problem #3 Heavy Insider selling from Moshe G. before this news breaks. Problem #4 DVD market not taking off as planned, only 1M units expected to sell worldwide in 1998. LSI's other growth engine on the new product front apparently not running Problem #5 Sony sales have peaked and will be down versus last year Problem #6 ADI reports little or no industry growth for the next 6 months EXCLUDING THE PC SEGMENT. Wilf has said industry growth would return and be strong by mid year but he is the ONLY industry representative saying this. All of this has come out since the earnings release and conf call resulting in the price falll IMO and will likely prevent any recovery in the near future. Maybe it is not the fault of lsi marketting afterall. These fundamentals don't look good