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To: john dodson who wrote (14569)	8/26/1998 2:41:00 AM
From: S. maltophilia	Respond to of 25814

<< is there a coordinated short effort to "spank" LSI?>> Don't think so. Latest short interest is down 1 million shares. LSI LOGIC CORP 2,523,317 3,582,797 -29.6% Too bad long interest is almost nil as well.-g-

To: john dodson who wrote (14569)	8/26/1998 10:18:00 AM
From: Jimbo Cobb	Respond to of 25814

13 and change...do I hear single digits calling after the margin calls really start kicking in ?!?!?!?!?!?!?!?!?!?!?

To: john dodson who wrote (14569)	8/26/1998 12:46:00 PM
From: D Peters	Read Replies (1) \| Respond to of 25814

John, How about this theory: Predatory takeover, very scary stuff. We've all read about this type of maneuver before, but for those of you who aren't quite sure of what it is, it's a technique used by a large company to take over a smaller well established company. This practice is totally illegal, but from time to time some dumb company gets caught with their hand in the cookie jar. Company A, which manufactures gasoline powered clocks, places an order with Company B. Company B manufactures sheet metal. The order is for 20,000,000 pounds of high quality sheet metal. Company B is delighted by it's large order and sets to work to satisfy this order for Company A. Before long, Company B has produced 25% of it's order and informs Company A that it can take possession of the sheet metal and that payment is now due. Uh-oh, there is problem. Company A, upon inspection of the sheet metal says "Hey, what are you trying to pull on us?" Company A is claiming that the product is not within the purity that they expected, or it's contaminated, or not within the tolerance they wanted. Anyway you get the picture, Company A refuses to pay Company B for the product. While A and B argue about the product and what's in the contract, the product just sits in B's warehouse. Now B is out a huge capital outlay and they need payment. They manufactured the product in good faith and still have possession of the product, but the product is good to nobody but Company A, so it just continues to sit there. They go to court, and while they do, Company B goes out of business. The plant that Company B was using gets put on the auction block. Now Company A moves in and buys the plant, the product and everything else that goes with it, all at a fraction of what they would have paid for it initially. Now I know that there are a lot of holes in this theory, and that it's illegal, but basically that is how it works, and it has happened before. A slowdown in orders, orders delayed, but not canceled. Hmmmmm, leverage? Happy trading, D. Peters Jock, please don't beat me up too badly on this, it's just to get people thinking and create conversation.