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

To: Daniel My Brother who wrote (15854)	10/29/1998 1:18:00 PM
From: patrick tang	Respond to of 25814

My gut feel is I don't think LSI would do much the next 3 months. If taxing selling is happening, I am quite encouraged - I thought it would be a lot worse than this. Am preparing to buy more if it dips. If there is any January effect, then I suspect LSI might participate. Cost cuttings should be visible by Q2 '99, minus 6 months for wall st. to look ahead etc. etc. I am starting to believe LSI might move sooner on a blue bird - Playstation II. Yesterday LSI press release said they will be showing off 'a MIPS microprocessor based gaming platform'. That can't be PSI. The semi industry has never done any nonproduction 'concept' chips the way the auto industry has. That gaming platform has got to be for one of the 3 - Sony, Sega or Nintendo. We know Sony will be showing off PSII early Nov. when the new Sega debuts. By then, it will be reviewed whom the suppliers for the new Seaga and PSII are going to be. I am sure, but not quite willing to predict as in buying stock on that or opening posting that as a prediction, that LSI got one of the contracts. Who knows, maybe LSI got em both .... Anyway, when I bought the stock last Aug at around $24, I was looking for $60 to $100 by 2001. I have not seen much to affect my thinking yet. The only threat to that was the Fed not cutting interest rate and letting US economy tank. But that threat is gone now. patrick

To: Daniel My Brother who wrote (15854)	10/29/1998 1:27:00 PM
From: patrick tang	Read Replies (2) \| Respond to of 25814

Regarding MU, and also AMD, Intel and PC - the Japan market, which accounts for ~10M PC/yr out of total world market of ~90PCs this year, is on fire. Since Win 98 release, their weekly PC sales has been running 40% to 50% yty gains. I don't think anybody has accounted for this in their projections for PCs/DRAMs/capacity. I believe this is the primary reason both AMD and Intel are winning. an extra 4M to 5M/yr more PCs should just about take care of much of the excess capacity (together with the transition to PC100 DRAMs which very effectively put the 0.35um fabs obsolete overnight). patrick