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

To: shane forbes who wrote (12760)	6/2/1998 3:04:00 AM
From: shane forbes	Read Replies (1) \| Respond to of 25814

(Why would Sony acquire LSI - no synergies in 2/3rds of business, 50s-60s acceptable now) Wolf: Re: As to your $50-60 acquisition price, I believe that would give you the kind of triple-digit gain to which you became accustomed last year, would it not? I really really hope we don't get an acquisition. LSI is right at the cusp of very very good things in the next few years and I would hate to sell in the 20's, hate the 30's, say no to the 40's and would only start saying ok in the 50s-60s. Wouldn't you? My point has been that LSI has been too early with their high tech toys and like anything revolutionary there was a learning curve (too protracted for my liking - but hey that's life) and the market has not caught upto the need for the sophisticated hihgly-integrated MSOCs or SOCs that LSI makes - but things have changed and the time is now and the market has caught up - so why should we give up the ghost now and sell to Sony? (Trivia: LSI at 400k average gate count and likely 600-800k this year is no company living in the past as some would say.) I say no - just to be smug and say to those who laughed all along - bite me. Also tough for me to see why Sony would need to do so. But hey Sony is a world power. It would certainly be an act of brilliance. It is nevertheless interesting to see how this whiff of a takeover came about - totally out of the blue (of course someone here pointed out something of a Wilf retirement party sale to Sony from the yahoo thread awhile back). Certainly this would play very nicely into the consumer electronics thing but what about the remaining 2/3rds of the business - telecom and networking and workstations and high end storage. Where's the synergies? Hey but if enough people want to believe LSI will make a good target for Sony then let them. Usually when the general press starts talking about takeover targets the stocks are cheap (duh!) One benefit for LSI - we get the capital needed to hit the next level. Shane (silly 15 minute window closed in previous post). To LSI: *You go girl!*