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

To: Jock Hutchinson who wrote (13825)	7/23/1998 6:31:00 PM
From: Mang Cheng	Respond to of 25814

Jock, thanks for the detail summary. Goosh ! you sure type fast ! The prospect of LSI looks really great. With so many new products ramping up, the chance to beat that 'flat' outlook for the 3 qtr is good. Mang

To: Jock Hutchinson who wrote (13825)	7/23/1998 6:32:00 PM
From: frank/fla.	Read Replies (1) \| Respond to of 25814

thanks a bunch......whats your take on upgrades/downgrades....

To: Jock Hutchinson who wrote (13825)	7/23/1998 6:35:00 PM
From: Jock Hutchinson	Read Replies (1) \| Respond to of 25814

The best news I got from the call is that Sony is now just 11% of the business. Playstation is only a part of this, so the fear spread by K about LSI losing 20% of its business if it loses Playstation is just a bunch of bunk. LSI is the leading independent supplier of DVD chips and expects to retain its 25 percent share of the market. That is a tremendous growth area for the next one to five years. It is in more high quality DCAM products. Wilf said that although it is a small area right now, they are flying off the shelves, and will also not see seasonality in the next year as the price declines. Fibre Channel will explode. LSI still has 80% of the design wins in Fibre Channel. This makes Symbios a superior purchase both in terms of synergy, and because ADPT is oriented to the PC, whereas Symbios is oriented to the server market. K's is totally full of it when he talks about LSI's inability to communicate with analysts. There is a clear and apparent open relationship with with the analysts, but the problem has been the lack of the public access to hearing this. With the 800 number, anyone who cares to draw his own conclusions is free to do so. If I look at my holding at LSI from a short term perspective, it has been a disappointment. But over a two and one half year time period, it is just as promising as it appeared to be over a two year time period. No one bought this stock at the beginning of this year expecting great things from LSI because we had been warned, but the market always anticipates, so it is anyone's guess as to when LSI explodes to the upside. Their bright future is intact, and K is covering his short that he fought so hard to protect.

To: Jock Hutchinson who wrote (13825)	7/23/1998 6:48:00 PM
From: Moonray	Respond to of 25814

Jock, thanx for your extensive CC notes. My impression is that somewhere shane and TSO are cooing. I think we can at least expect a reiteration out of Tom Kerplop. Since LSI called him and he revised his thoughts on LSI, he will be most anxious to to give a "I told you so" to the street. Keeping at least one chip company out of his sell list also makes him appear more balanced. With the rest of the year's earnings being ONLY slightly up, we may not swing very many analysts to the buy column. Those that are smart will realize that LSI is a "buy" based on the price of the stock and that no way could one get it in the lower 20s when a blow-out '99 draws near. o~~~ O

To: Jock Hutchinson who wrote (13825)	7/23/1998 7:14:00 PM
From: Alfredo Nova	Respond to of 25814

Brokerage Firm Date of Last Recommendation Recommendation Major Broker 07/13/98 OUTPERFORM RAYMOND JAMES & ASSOC 07/11/98 NEUTRAL ROBERTSON STEPHENS & CO 06/25/98 LTA/MARKET PERFORMER MORGAN KEEGAN & CO INC 06/23/98 MARKET PERFORM Major Broker 06/22/98 STRONG BUY Major Broker 06/04/98 BEAR STEARNS & CO INC 05/29/98 NEUTRAL FAHNESTOCK & CO INC 05/18/98 BUY GRUNTAL & CO INC 05/13/98 STRONG BUY Josephthal & Company, Inc 04/30/98 HOLD Major Broker 04/28/98 MARKET PERFORMER MONTGOMERY SECURITIES 04/28/98 BUY Major Broker 04/27/98 OUTPERFORM COWEN & COMPANY 04/24/98 NEUTRAL PRUDENTIAL SECURITIES 04/24/98 BUY HAMBRECHT & QUIST LLC 04/23/98 BUY SOUNDVIEW FINANCIAL GROUP 01/23/98 N/A DEUTSCHE MORGAN GRENFELL 01/23/98 N/A UBS SECURITIES 10/16/97 N/A Your search for "LSI- LSI LOGIC " had 19 entry(ies)

To: Jock Hutchinson who wrote (13825)	7/23/1998 7:18:00 PM
From: Tony Viola	Read Replies (1) \| Respond to of 25814

Jock, thanks for the CC notes. I know it takes quite a while to get through them, and then you have to back up sometimes to capture some parts so you can make notes. I have been doing the Intel CC's and summarizing over to the Intel threads. I was going to do the same here (honest) but you beat me to the punch. Thanks again. I liked best the part that Symbios is a vendor to workstations and servers, not PC's, like Adaptec (although Adaptec goes up beyond PC's also). I also liked the mention that the explosive growth happening in NT will now be shared by LSI, through Symbios. One of the posts (apologize to the originator) this week asked why LSI is buying Symbios what with all the misery over on the Adaptec thread. My answer to that is that, hopefully, Symbios is more like a young EMC, than an Adaptec. I hate to knock Adaptec, though, because of their great SCSI products and very long run of profitable quarters. For the record, EMC's run: techstocks.com Hey, one can only hope. Tony