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: Hightechhooper who wrote (13917)	7/27/1998 5:42:00 PM
From: Jock Hutchinson	Read Replies (1) \| Respond to of 25814

K: Here is their earnings announcement. lsilogic.com "In the face of an uncertain business climate for the worldwide semiconductor industry, LSI Logic was able to achieve sequential revenue growth, meet consensus earnings expectations, and expand its gross margin in the second quarter," said Wilfred J. Corrigan, LSI Logic chairman and chief executive officer. "Based upon current visibility, our outlook for the third quarter is about flat and we expect the fourth quarter to be stronger."

To: Hightechhooper who wrote (13917)	7/27/1998 5:43:00 PM
From: Keith Monahan	Read Replies (1) \| Respond to of 25814

Regarding 4th quarter EPS, I believe Wilf indicated in the conference call that he was hoping revenue growth would offset the decline in margins due to Gresham. He did not give me the impression that this revenue growth would lead to a higher EPS in Q4. I would be happy if they made .23 in Q4, however the real story to me is 1999, and I think the stock price will begin to reflect expectations for 1999 sooner rather than later.

To: Hightechhooper who wrote (13917)	7/28/1998 1:33:00 PM
From: James H. Williams	Read Replies (2) \| Respond to of 25814

* a tiny bit OT * Actually (not to nitpick), side 1 is never obligated to show up, sooner, later. or any other -er. That is called the Monte Carlo fallacy. (But this fact may be of limited usefulness since the theory applies to discrete events involving a fair coin, and WS events are anything BUT discrete and fair.) People have a funny relationship with statistics and probability. They'll happily play the lottery all day long with numbers like 21,34,49,7,5, but laugh in your face when you ask them why they don't play 1,2,3,4,5. By the way, if we're voting on this, I never for one moment thought you were Jim Cramer.