SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : LSI Corporation -- Ignore unavailable to you. Want to Upgrade?


To: shane forbes who wrote (15067)9/17/1998 12:20:00 AM
From: shane forbes  Read Replies (2) | Respond to of 25814
 
When LSI announced that they were licensing the Carmel core I was
very pleased because it looked/looks like one really kick-butt
implementation and more importantly it looks like the way for LSI
to do the GSM/CDMA/wireless thing big time.

Well guess what core was named kick-butt DSP Technology at the
recent goings on of the DSPites:

---
Carmel DSP Core Architecture Selected as Leading DSP Technology by Industry Technology Forum at DSP World 98 Show

TORONTO--(BUSINESS WIRE)--Sept. 16, 1998--The Carmel(tm) DSP architecture, which was jointly developed by Siemens Semiconductors of Germany and I.C. Com Ltd. of Israel, today received accolades from the Industry Technology Forum at the DSP World 1998 trade show.

Twenty-six DSP-related technologies were reviewed by a panel of top editors, who selected Carmel, with its unique configurable long instruction word (CLIW(tm)) technology, as a representative of future trends in digital signal processing. "The Carmel technology is at the forefront of a technology trend towards architectures with superior performance. Carmel enables faster, more powerful DSP machinery," said Stephan Ohr, chairman of the Industry Technology Forum.

Dr. Soenke Mehrgardt, president of the Signal Processing and Control Division at Siemens Semiconductors in Germany, stated, "We are very pleased to receive recognition from the leading analysts in the field. We enjoyed working together with I.C. Com on developing the architecture, which we believe will fast become an industry standard. Carmel broadens Siemens' portfolio of processing cores for embedded control and signal processing. We are planning to base our next-generation telecommunication products, such as cellular phones and high-speed modems (xDSL), on this innovative architecture."

Offer Sharon, the general manager and founder of I.C. Com, said, "I am very honored to have the Carmel architecture receive such distinguished recognition. I feel confident that the CLIW approach will soon be adopted by many chip manufacturers in the DSP industry for their next-generation communication products. I.C. Com looks forward to developing applications on the innovative Carmel DSP core, utilizing our expertise in algorithm design and DSP development capabilities."

The Carmel DSP core redefines performance and power-consumption standards for digital signal processors. Carmel's CLIW architecture brings together the best of both worlds, combining high performance with small code size, thus enabling high-performance chips at low cost. This winning architecture eliminates the performance versus power consumption tradeoff that other DSPs using very long instruction word (VLIW) architectures must typically make. The Carmel architecture is available for licensing to semiconductor and OEM partners.

About Siemens

Siemens AG is one of the world's largest electrical engineering and electronics companies and one of the richest in tradition. Sales for fiscal 1996/97 totaled US$63.7 billion (DM 107 billion.)

Siemens' Semiconductor Group, one of Siemens' eight core business groups is a leading worldwide provider of integrated circuits, memory products, RF components and discrete, power and opto semiconductors. The comprehensive product line of Siemens Semiconductors serves a wide range of customers active in telecommunications, automation, data processing, automotive and consumer electronics. Siemens is the market leader for Chipcard ICs. In fiscal 1996/97, the Semiconductor Group achieved sales of US$3.5 billion (DM 5.9 billion) and employed 22,600 people worldwide. For more information contact Birgitt Fischer at 49-89-636-25440. siemens.de

About I.C.Com

I.C.Com Ltd designs and develops advanced processors for telecommunication and consumer electronics applications. The company's technologies include DSP core design, high speed modems, spread spectrum communications and telecom algorithm expertise. I.C.Com is involved in the wireless and wireline communication markets, as well as in satellite based localization (GPS) and communication over power lines. The company was founded in 1995 by Siemens AG, Germany and Nisco Industries Ltd., Isreal and is headquartered in Azor, Isreal. For further information please contact Sol Gradman at 972-3-5853313 x 366. iccomm.com

CONTACT:

Siemens AG

Birgitt Fischer, 49-89-636-25440

or

I.C.Com Ltd.

Sol Gradman, 972-3-5853313 x 366

or

Ruder Finn Israel

Joy Bernstein, 972 2560 2005

KEYWORD: NEW YORK

----

Shane (Is it just me or is a new day dawning - chip stocks actually
going up on bad news - check out the dog of the dogs MOT up 3+ points today on BAD news of closing the plant... In this humble dufus' eyes when stocks go up on bad news that means the lows have been set... "Just a few more steps along the plank Sonny, just a few more" said Captain BlackBeard <g>...)



To: shane forbes who wrote (15067)9/17/1998 12:31:00 AM
From: shane forbes  Respond to of 25814
 
And I had mentioned this a few days ago about the spate of
insider buying. Here's wsj comments:

----

U.S. Technology Insiders Buy Shares on Market Decline, WSJ Says

New York, Sept. 16 (Bloomberg) -- U.S. technology company executives, who often sell large blocks of shares in their companies after exercising stock options, have become significant buyers since the market's recent fall, the interactive edition of The Wall Street Journal reported, citing Frank Ponticello, the vice president and senior analyst at Prudential Securities Inc. in New York. In the past few weeks, executives and directors at Mentor Graphics Inc., a Wilsonville, Oregon-based hardware and software designer, computer retailer CompUSA Inc., Technitrol Inc., a designer of electronic and metallurgical products, Silicon Graphics Inc., an interactive computer systems supplier, and Cypress semiconductor Corp., a digital and mixed-signal integrated circuit company, have bought shares in their companies, which have been trading near 52-week lows, the edition said. ''It's the tendency of insiders to buy when their stocks are down,'' Ponticello said, and the market's decline over recent weeks has ''provided some bargains in this sector.''

Billionaires whose fortunes are built on U.S. stocks, including Microsoft Corp.'s Bill Gates, Berkshire Hathaway Inc.'s Warren Buffett and Dell Computer Corp.'s Michael Dell, have seen big chunks of the value of their holdings erased in the market's plunge from its highs earlier this year.

(Wall Street Journal Interactive Edition 9/16; www.wsj.com)

----

Shane.



To: shane forbes who wrote (15067)9/17/1998 1:30:00 AM
From: E. Graphs  Read Replies (2) | Respond to of 25814
 
LOL!

Sure, why not? LSI can now go down with the semi-equips....hahaha...it was only a matter of time before they made that connection.

Really funny!!

LOL! 15 before 17...good...shh...tell no one. <G>



To: shane forbes who wrote (15067)9/17/1998 12:57:00 PM
From: patrick tang  Read Replies (3) | Respond to of 25814
 
Re: There could be some downside due to the DPMI connection - Sept may not have bounced up as I would have been hoping for

I don't see DPMI connecting with LSI business currently. There's more than enough capacity in the mask business to cover for anything that LSI wants to do now. I think DPMI just overbuilt. As for Sept bounce, the stock is holding pretty well today and yesterday. If the insider leaks are as effective as it was a month ago, that would mean that Sept sales did come back from July lows. Well, I am hoping anyway.

Can't belive AG said what he said yesterday. I think he has just set the stage for a major market crash unless he lowers interest rate. And if that happens, that would take the whole world market with it when US consumer tanks. We need lower interest rate so overseas can lower their rates and rev. up their economies. All the high interest rate imposed by IMF is killing overseas consumer spending. The dollar is too strong.

patrick