Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: DavidG who wrote (13883)	7/25/1998 12:59:00 AM
From: Jock Hutchinson	Read Replies (2) \| Respond to of 25814

David: I went over the April CC notes. Wilf indicated that the most recently completed quarter would see a gain in revenue of 3-5%. We saw a gain of 2% despite the huge devaluation of the Yen, and the decline in revenues in June. Wilf also foresaw a slight gain in earnings for this quarter, and that is prcisely what we got. Wilf is credible in a business where it isn't all that easy to make accurate forecasts. K of course has got it wrong again. I would say that K is the one who needs to listen again to the conference call, but we know by now that he deliberately misrepresents the truth if it suits his purpose, which whatever it is, is not consistent with an investor who owns 75,000 shares of LSI Logic. The reason that margins will be lower for the 4th Q is because of Gresham coming on line. The reason that Gresham is coming on line is because LSI needs the capacity, since they are already operating at 90% capacity during what is clearly the trough of the semi cycle. Gresham has already been factored into Wilf's statement that 4Q will have higher earnings despite a lower GM. K is also wrong about DCAM and DVD tailing off in 4Q. Wilf specifically indicated to Mark Edelstone that he expected no seasonality with either the DCAM or DVD and that turns was a real possibility. So it would appear that we have K's word versus Wilf's word. I'll take Wilf's.

To: DavidG who wrote (13883)	7/25/1998 1:26:00 AM
From: Hightechhooper	Respond to of 25814

DavidG, You are dumb and dumber all wrapped into one!

To: DavidG who wrote (13883)	7/25/1998 7:52:00 AM
From: Jock Hutchinson	Respond to of 25814

To All: The 800 number for the July 23rd conference call is 1-800-633-8284. The confirmation number is 4328104. Until Saturday the 25th, you are able to access the CC to see just what a liar K is. You don't need to take my word or his. Just listen to the CC and make your determination. I have posted almost 50 posts with either charts or K's prior posts to demonstrates K's disregard for the truth. His vengeful hate of LSI is well known. He hates LSI Logic because he has taken a huge loss on an LSI competitor. The facts are that Wilf predicted a higher 4Q with lower margins. This lower margin reflects the 16 Million depreciation charge for Gresham. The fact is that Wilf indicated in last October's CC that there would be a series of expenses going into Gresham, and the analysts have known of this since then.