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

To: Stock Guru who wrote (14712)	9/2/1998 1:53:00 PM
From: getgo234	Respond to of 25814

It was announced early this morning on CNBC that Cypress Semi was more than tripling its stock buyback program from 4 million to 13 million shares. Cypress's management noted that the increased buyback program was in response to the sharp drop in the price of its stock. I realize that LSI has used a great deal of cash to buy Symbios but a statement to the effect that in spite of the acquisition LSI's management feels so strongly that the stock is so undervalued in their opinion that they are increasing the stock buyback authorization. The amount does not need to be significant but a vote of confidence from management would be helpful.