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

To: All Mtn Ski who wrote (14356)	8/19/1998 12:02:00 PM
From: Tony Viola	Respond to of 25814

I hate to say it, but LSI, with its very average profile in the industry at $1.3B sales per year, but sorry tale today, seems to have taken the whole SOXX (and Nasdaq if not for Dell) down with it. This includes some stocks that were running super well, like INTC and AMAT. OK, Analog Devices didn't help either. What can one reasonably look for as a bounce price in LSI, sometime in the next few months, at which to get out? I agree with the distrust of Corrigan, and he may be ready for the pasture. I remember him as CEO of Signetics (before that VP at Fairchild?). The time span between then and now is too large. And, it doesn't matter what good products are developed if they are not marketed right, and they may even be the wrong ones. That's management and that appears to be hurting. BTW, I wouldn't look to NSM to get Halla back, he appears to have bombed them too. Maybe when he pushed to buy Cyrix, it should have been an indicator of his and LSI's management mettle (incompetency), most of which Halla got at LSI. Tony

To: All Mtn Ski who wrote (14356)	8/19/1998 1:17:00 PM
From: Ian@SI	Respond to of 25814

Tom, I agree it happens all the time. That doesn't make it right. Nor does it mean that we should tolerate it. The SEC takes Email complaints at: help@sec.gov They won't confirm or deny whether an investigation is underway, but I suspect that they'll react to this insider trading based upon Arthur Levitt's pronouncements in speeches made. Your statement that the only group with lower ethics, values or morals than the financial community is the political sector reminds me of the story: A guy walks into the bar and shouts, " All lawyers are Assholes" A big, mean looking drunk, stands up walks over to him and snarls, "I resent that remark. The guy, somewhat timidly, apologizes, "I'm sorry sir. Are you a lawyer. "No, I'm an asshole". ++++++++++++++++++++++++++++++ In any case, if institutions weren't under the impression that they were getting inside information first, they would probably be less likely to take the stock price down all trying to get out first. I suspect that stock prices would be much more stable if Institutional traders were not permitted to trade until 3 days after every material disclosure; that people started going to jail for repeated offenses of uneven disclosure of inside information as well as going to jail for acting on that information gap. Will this ever happen? Not in the real world. FWIW, Ian.