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


To: yousef hashmi who wrote (13259)6/29/1998 8:42:00 AM
From: Jock Hutchinson  Read Replies (2) | Respond to of 25814
 
biz.yahoo.com



To: yousef hashmi who wrote (13259)6/29/1998 9:03:00 AM
From: getgo234  Respond to of 25814
 
Random thoughts on Symbios acquisition.
When announcement that ADPT's plan to acquire SYMBIOS fell through
last week ADPT investors bought the stock. At least LSI is not
purchasing Symbios with stock. So much for any stock buyback program
in the near future. I believe the purchase price is significantly
less than ADPT was going to pay. ADPT was to pay 775 million plus
assume 100 million of Symbios's debt. The ADPT/Symbios deal
was presumably killed by the FTC. Can the same thing happen with
the proposed LSI/Symbios deal ? If the deal is completed will
LSI be able to utilize its new plant to manufacture Symbios products ?