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


To: john dodson who wrote (14614)8/28/1998 4:47:00 PM
From: BWAC  Read Replies (1) | Respond to of 25814
 
Ok John,
Guess my message jinxed it the last 30 minutes. LSI did run up to 13 1/8 for a brief moment after 3:30 but got sold back.

I don't know how this will turn out but, when I spoke to the LSI IR guy last week I asked him specifically if there would be a stock buyback coming . He said that it had been discussed but they couldn't announce any such thing until a week or so after their "shortfall" announcement. The stock was at 16 then. Now at 13 I expect to hear something about a buyback next week or so. It will probably be small though.