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


To: Jock Hutchinson who wrote (16695)1/28/1999 6:54:00 PM
From: Jock Hutchinson  Read Replies (3) | Respond to of 25814
 
The negative side of the coin is that the operating expenses are killing LSI--in particular the Gresham startup and increased costs as well as depreciation are going to be horrible for the time being. If however, revenue continues to grow at even a rate of 5% per quarter until the end of the year and margins return to a reasonable 12 percent, then at that time, we can look forward to something like 40 cents a quarter, which would clearly justify a price of $40.