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Technology Stocks : VLSI Technology - Waiting for good news from NASDAQ !!! -- Ignore unavailable to you. Want to Upgrade?


To: Naveen Kumar who wrote (4233)9/1/1998 5:15:00 AM
From: Linda Kaplan  Respond to of 6565
 
Welcome, Naveen. I'm jealous of your getting into VLSI at this price! I wish I had saved more cash. I don't follow LSI but there are others here who can probably address it.

Linda



To: Naveen Kumar who wrote (4233)9/1/1998 12:42:00 PM
From: SeaViewer  Respond to of 6565
 
Naveen:

I have been following LSI and VLSI for a while. Both are fundamentally sound company. LSI just announced a revenue shortfall in the quarter a few weeks ago. And its price fell from low 20s to the current level. But it still expects an earning in low teens this quarter. LSI acquired a division (I cannot remember the name) from a south korea company. The division specialized SCSI devices, which is currently dominated by ADPT. It has bright future. I won't be surprised if LSI's price doubled next year. But the semis are out of favor right now.

Jeff