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

To: shane forbes who wrote (12707)	5/29/1998 8:16:00 PM
From: shane forbes	Respond to of 25814

from Zack's, Dan Niles' recent summary on LSI: ---- On April 24, 1998 BancAmerica Robertson Stephens analyst Daniel Niles issued a 7 page Company Report on LSI LOGIC. Report highlights: " The 1999 EPS estimate was raised from $1.40 to $1.45 to reflect the higher than expected revenues. An ATTRACTIVE rating was maintained with a 12-month target price of $35. The company reported first quarter EPS of $0.22 versus $0.28 in the same period last year. Earnings were driven down by seasonally weak consumer orders. The 1998 EPS estimate was maintained at $1.05. " Daniel Niles is ranked 8 out of 26 when predicting changes in stock prices for LSI Logic Corp. Daniel Niles is ranked 10 out of 26 when forecasting EPS for LSI Logic Corp. ---- shane.

To: shane forbes who wrote (12707)	5/29/1998 8:34:00 PM
From: shane forbes	Read Replies (1) \| Respond to of 25814

The INTC juggernaut is unravelling big time - the one big thing for them next year - Merced - is being pushed out. Do I hear violins in the background? On Monday we will get a really good feel for the semi-sector effect on LSI (unless of course this somehow has been magically priced in... <sheesh>). Me being the anti-bully always nice to see INTC get the occassional toasting once in a while (even if this means LSI going down - buying opp. for LSI) This news combined with the FTC lawsuit and then what likely will be not very good earnings should just about do the trick and scare the living daylights of any s/ to i/t INTC "investors" - we should be approaching this year's lows over the next 4-6 weeks. (FINALLY and about time - this waiting was getting really boring - when AMAT and INTC get toasted, AMAT a few more months I think, all the excesses and die-hard investors' high expectations will be wrung out and life will be very good for those patient souls who did not buy the hype about PCs (vanishing margins) and semi-equips (vanishing demand)...). Ladies and gentleman start your engines. Shane.