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To: E. Graphs who wrote (14412)8/19/1998 9:01:00 PM
From: E.J. Neitz Jr  Read Replies (3) | Respond to of 25814
 
Comments From Prudential Securities Analyst on Stock Price Etc

Wednesday August 19, 1998 (2:30 pm EST)
Prudential Downgrades LSI Logic Following Earnings Announcement

NEW YORK, Aug. 19 (Standard & Poor's) - LSI Logic (LSI16 1/16 DOWN 2 3/16) said it sees third quarter earnings in the low- to mid-teens. The company cited lower than anticipated order input during the first six weeks of the third quarter.

Prudential downgraded the stock to hold from accumulate.

Analyst Hans Mosesmann told his salesforce that LSI's management preannounced weak revenues based on slower than expected bookings. Mosesman said he's concerned that LSI has tremendous production capacity coming on line both internally and from the company's pending Symbios acquisition.

The Prudential analyst expects LSI to trade down to the $13-$14 level and says he would maintain his hold recommendation in that price range.



To: E. Graphs who wrote (14412)8/19/1998 10:56:00 PM
From: Wolf 2  Respond to of 25814
 
Helwp! Helwp! make the bad LSI stock stawp.........!

Ah-h-h, Little Red....long time no see...do come closer...<VBG>

Regards,
Wolf ( O.K.---just took my medication---pavlovian reaction has stopped ;-))



To: E. Graphs who wrote (14412)8/20/1998 12:57:00 AM
From: Alan C. Zezula  Read Replies (1) | Respond to of 25814
 
E,

Do you detect just a wee bit of bearish sentiment on this thread?

//OT// I also own CALLS on ADI and NSM not one of my better days!!

Funny thing is, I've been trying to catch all these falling knives and my hands are all bloody and I can't see my fingers anymore.

Al