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

To: Moonray who wrote (14896)	9/11/1998 12:16:00 AM
From: shane forbes	Respond to of 25814

Moonray: So LSI did not really take a hit in revenues for the present quarter <g> a lot was in the currency - the yang in the yen caused the ding in the stock... On LSI's Y2000 I don't think we need to worry. Didn't they recently do a big inhouse ERP thingie a few months/quarters ago. Usually Y2000 is addressed here (?). As far as lawsuits from their customers go for malfunctioning ASICs let's not worry about this one for now <g>. Besides the OEMs (meaning LSI's customers) will be the first to face the wrath if any... Shane. (good night all)

To: Moonray who wrote (14896)	9/11/1998 12:35:00 AM
From: Jock Hutchinson	Respond to of 25814

Sales in all major world markets declined in July from year-ago totals, dropping 17 percent collectively. One of the ongoing issues on this board is Wilf's credibility. As many recall, he stated that LSI sales would outperform the semi market by about 10% for the year. For the first two quarters, he was right on target. Given the 17% decline in July, and LSI's prediction of a 5% to 10% decline in revenue, it appears to me that Wilf is still a very credible person