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

To: john dodson who wrote (16411)	1/13/1999 8:30:00 PM
From: Mang Cheng	Respond to of 25814

"LSI Logic shares climb on upgrade" Shares of LSI Logic Corp. (LSI) climbed 13 percent after NationsBanc Montgomery upped the company's stock rating to "buy" from "hold," establishing a 12-month price target between $26 to $29 a share. In a research note, NationsBanc analysts said LSI's mass storage business experienced stronger sales in the December quarter and that the overall strength in the semiconductor industry gave the company a push toward a more positive outlook. LSI's other businesses, including consumer electronics and communications, also experienced a better seasonal December quarter, analysts said. In the near term, analysts said they expect earnings to be "modest" for LSI. LSI manufactures integrated circuits for the semiconductor industry. LSI shares gained 2 9/16 at 21 5/8. cbs.marketwatch.com Mang