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

To: DanZ who wrote (15115)	9/18/1998 12:18:00 PM
From: Moonray	Read Replies (2) \| Respond to of 25814

LSI Logic Corporation LSI 06/17/97 $34.625 You're probably tired of hearing about LSI Logic's (LSI). I know I'm tired of seeing the red ink on Jubak's Picks. I thought this chip maker was cheap when I recommended it last June in "Chip Investors, Roll Up Your Sleeves" at $34.625--but in the last year all it's done is get cheaper. However, I still believe that LSI is still the best way to play the system on a chip trend ("10 tech stocks to buy . . . later "), and, although the company is having difficulty getting earnings revved up, it continues to rack up design win after design win. In early June, for example, Dell Computer announced that it would use a LSI DVD chip in its line of notebooks. Merrill Lynch and Gruntal & Co. have both recently upgraded the stock and shares have actually moved higher during June's technology correction. My 12-month target price is $36. Full disclosure: I own shares of LSI Logic. investor.msn.com Note that his purchase was a year ago last June at three times the current price. He's only looking to get even over the next 12 months. o~~~ O

To: DanZ who wrote (15115)	9/18/1998 12:54:00 PM
From: Tony Viola	Read Replies (1) \| Respond to of 25814

Dan, >>>oth stocks are ridiculously cheap, VLSI more so than LSI.<<< Just because a stock is cheap doesn't make it a good value. For example, WRT VLSI, back when there were a lot of rumors about LSI buying them, I happened to have an opportunity to talk to Michael Murphy of California News Letter. He's much maligned also, but has done his homework in the technical area. He knows his stuff, much more than I can say for Tom Kurlak or Jubak. Murphy said his recommendation, if LSI took over VLSI, would be for LSI people to completely replace VLSI management...implication was incompetency. I also know people who have interviewed at VLSI and they say the people there have a weird (somehow think they're superior) attitude and no way they'd want to work there. Just a couple of smidgeons, but, hey, what else do we get to go on? To expand the interview thing a bit more, I have found that the impression a company and its people give, on an interview, speak volumes about the company. Tony