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

To: bob zagorin who wrote (17149)	2/23/1999 2:35:00 PM
From: patrick tang	Read Replies (2) \| Respond to of 25814

somebody corrects me if I'm wrong, but I think LSI is leading SEEQ in technology in the areas that you posted. The stuff SEEQ has got that is selling are low end stuff. The stuff like Octal transceivers and Gigabit Ethernets LSI either has already in its IP library for use in SOC chips or should be able to do both two hands tied behind their backs (IF LSI has really got the leadership in networking that it is supposed to have). As for customer base - $28M sales per year last year, garbage included, does not customer base make. As for the price, $100M ~2.5% of LSI market value to add 28M$ or 1.2 (?) % in sales? All for what? So LSI can get into the low end $5 to $10/chip stand alone Ethernet chip market through a very small player with minimum customer base??? This deal still does not make sense for me. The only saving grace, IMHO, is the size is small, enough to dilute our holdings some, but not big enough to kill the stock. patrick PS Are they going to make some kind of conference to explain this deal? Anybody has any information?