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


To: Ram Seetharaman who wrote (17258)3/2/1999 11:42:00 AM
From: patrick tang  Respond to of 25814
 
If LSI can show they are on track to 1. break even this Q (already in the bag probably) and then 2. start making money in Q2 e.e. cost reduction plan last Oct. is working, I look for LSI to break above $35 by end of May when Q2 is pretty much is in hand.

By fall, when people can actually see the next upturn and LSI also can turn out good profits Q after Q, I expect the stock to go to $40 to $50, depending on how good the upturn is.

patrick