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

To: BWAC who wrote (17216)2/26/1999 1:33:00 PM
From: BWAC  Read Replies (1) | Respond to of 25814
 
Tom,

Here's one example. LSI has 255 million of cash and a book value of 10. VLSI has 289 million of cash and a book value/stockholders equity of 12.50.

The addition of VLSI would INCREASE LSI's asset base ratios. Of course the problem still exists about how to make those assets produve a profit. I'll stick to the accounting stuff and let somebody else figure the other out.


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