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

To: getgo234 who wrote (14053)	8/5/1998 12:51:00 PM
From: DavidG	Read Replies (2) \| Respond to of 25814

Getgo, Sure, but where do they get the cash to buy back shares. Right now they have to borrow money for the Symbios acquisition. IMO they made a statement about the undervaluation of LSI shares by making it a cash deal with Symbios instead of a stock swap. Think about it. DavidG

To: getgo234 who wrote (14053)	8/5/1998 12:52:00 PM
From: getgo234	Respond to of 25814

Can anyone explain how MU the ultimate commodity chip company with projected losses for 1998 and 1999 is up nearly 40% in the past 5 weeks and up 75% from its 12 month low while the likes of VLSI and LSI are languishing at or near multi year lows.

To: getgo234 who wrote (14053)	8/5/1998 12:55:00 PM
From: Hightechhooper	Read Replies (1) \| Respond to of 25814

LSI has now broken down below 19, if it hits 18 I will try to play a dead cat bounce but until the uncertainty of that fab opening is gone, this puppy is going no where fast. There will be a dead cat bounce at some level soon but it will not last long. Good luck to those brave enough to hold on after that last conf call. It seems the only plays in this industry right now are intc, altr, xlnx, txn, mu and amat (why amat is moving I don't quite understand but nonetheless it is acting like a leader now). Almost everyone else has been given up for dead until real signs of demand return.