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To: Jock Hutchinson who wrote (13582)7/15/1998 11:14:00 PM
From: Jock Hutchinson  Read Replies (2) | Respond to of 25814
 
Correction to my last post. There are a few stocks such as Cirrus Logic that are selling for less than 1.2 times sales.



To: Jock Hutchinson who wrote (13582)7/15/1998 11:52:00 PM
From: M.  Respond to of 25814
 
I can't argue with any of your comments. And, I'm keen on the Symbios deal too. Comments by Gumport in last week's Electronic News were positive, but he indicated that LSI didn't need the fab. I'm not sure about that. From what I read, LSI doesn't see much underutilization in the foreseeable future. For all the bad mouthing going on about the CEO, I don't think he would be bringing Gresham on line without demand for product. LSI picked up the company for a song. 1999 revenues should really advance with that acquisition.

Interesting comment about bonuses. What is the net on eps?