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To: Tech Watcher who wrote (14340)	8/19/1998 10:49:00 AM
From: Jock Hutchinson	Read Replies (1) \| Respond to of 25814

The revenue shortfall, while bothersome is not the issue. The current price is not a long-term problem. Furthermore, the prompt earnings warnings just subsequent to the last CC only highlights the unpredictable nature of the semi business. This is the trough of the longest semi market downturn in its 40 year history, so a 5 to 10 percent decrease in expected revenue is not that big a deal. My confidence in the next semi supercycle is still strong. However the company's long term prospects and credibility have been deeply damaged by Wilf's taunting the shorts at the Bank America Roby Stephens Conference. His conduct was outrageous. More troubling is the leak. This reflects a true lack of control by senior management. Management must find the source of the leak and take appropriate action. Failing to do so can only further harm the company's credibility and ultimately the shareholders.

To: Tech Watcher who wrote (14340)	8/19/1998 12:46:00 PM
From: John Koligman	Read Replies (1) \| Respond to of 25814

Tech, Unfortunately for small investors, Mark is 100% correct. Look at the action in CPQ this past February. The stock went down for something like 13 days straight, from around 37 to 25, no news from management. Then, they said the words 'inventory problems'. In retrospect, that was the time to buy the stock, though, but the 'outsiders' got hurt in the short term, as they usually do. That said, I think it's time to start hanging around the LSI thread again, the stock is cheap... John