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To: Hightechhooper who wrote (13284)	6/29/1998 1:32:00 PM
From: Hightechhooper	Read Replies (1) \| Respond to of 25814

The preliminary verdict is in....down to 5/16 with selling pressure intensifying...how bad do they want out?

To: Hightechhooper who wrote (13284)	6/29/1998 1:45:00 PM
From: DavidG	Read Replies (2) \| Respond to of 25814

K, No synergy???? waddaya kiddin'? That's absolute nonsense!!! A semi company with semi products in Hard drives, SCUZI interfaces, also CDROM coded chips, possible network experience, a new semi fab, and you say NO synergy? Hyndai and other Koreans had their currency halved and their business down the dumper and LSI and other US companies are picking the bones of their carcasses and you say YOU NEED synergy and when it is there you can't recognize it. This is a bargain by any standard so don't look a gift horse in the mouth. $750 million is real cheap. ...now why do I have the feeling you got caught on the wrong side of this deal and losing on your play...why I do I suspect that you are really on the short side of LSI??? It is OK if you are but don't play us for fools. You always sounded like one who is negative on LSI and therefore it never made sense that you were long. Sorry but your credibility dropped a couple of notches on that posting. DavidG

To: Hightechhooper who wrote (13284)	6/29/1998 4:04:00 PM
From: Grand Poobah	Read Replies (1) \| Respond to of 25814

K, Let me start by saying that, contrary to DavidG, I appreciated your input. Now, let me disagree with you a little myself. <g> I am not enthusiastic about the deal because it seems to lack synergy. I think there could be a lot of "synergy" for LSI in the FibreChannel/storage system area. This is an important future growth area for LSI and the computing industry as a whole. Second, the DD and high end computing segments are not very pretty right now and the rate of growth is certainly questionable. I think I read somewhere that symbios specializes in unix based systems which is also not the place to be as INTC encroaches on the high end market. So I view this market as slow growth at best given INTC's plans. On the DD side competition is very tough and margins will be squeezed for all suppliers. Also, weren't there some announcements last week involving LU in terms of targetting this segment? If so, competition will get tougher not easier. The disk drive segment is down right now, but it is traditionally cyclical and will be back like gangbusters. The CRUS/LU announcement made last week was not targeting any Symbios/LSI markets that I am aware of, since CRUS/LU are not focused on SCSI. I believe the principal DD competition will be Adaptec, which is formidable enough in its own right. Regards, G.P.