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

To: Jock Hutchinson who wrote (13262)	6/29/1998 9:01:00 AM
From: Moonray	Read Replies (1) \| Respond to of 25814

Jock, you know of course that Friday Adaptec (ADPT) scuttled its $775 million purchase of a chip-making business owned by South Korea's Hyundai in the face of antitrust objections. So it would seem that LSI is the beneficiary. o~~~ O

To: Jock Hutchinson who wrote (13262)	6/29/1998 9:24:00 AM
From: DavidG	Respond to of 25814

Jock, My take on the acquisition. Extremely positive for LSI. Given a cash deal and accretive in 99 this will be looked at as favorable. LSI gets a writeoff on profits for this undervalued deal also. Finally this is a much better deal than VLSI which was a larger deal and probably required a partial purchase with stock diluting shareholder value...and this dilutive effect on LSI is already built in which now has to be removed. I expect a pop at the open for LSI. DavidG PS: Get back to work.<g>