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.

Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: John L. who wrote (23138)	8/19/1998 9:44:00 PM
From: Jeffrey D	Read Replies (3) \| Respond to of 70976

Many on this thread placed great importance in the negative AMAT remarks from the genius analyst of the semi industry, Tom Kurlak. The following is his "analysis" of LSI. He upgraded the stock on June 4 and then today, after a 4 point drop, he downgrades it. This from a person who has the reputation for correctly "calling" industry movement. Hard to believe......Jeff PS When Tom Kurlak upgraded on June 4 the stock was trading at 25. Prior to his downgrade today the stock was trading at around 16. Hope he doesn't upgrade AMAT <<Analyst Downgrade Also today, Merrill Lynch analyst Thomas Kurlak downgraded LSI to ''neutral'' from ''accumulate,'' citing the shortfall in U.S. orders, the decline in the Yen and concerns over the Symbios purchase, which he said would dilute LSI's earnings. Kurlak, who upgraded the stock June 4, said in a report the decision to buy Symbios ''may be poorly timed'' because of a slowdown in the market for Symbios' computer chips, used in expensive computer servers.>>