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

To: Jock Hutchinson who wrote (17461)	3/19/1999 8:36:00 PM
From: Moonray	Respond to of 25814

Many thanx for the run-down, Jock. Some comments: Then when the potential purchasers are not able to make a purchase, they cover their short along with the short term shorts, and on Wednesday, you also had a major move in the semis as well. As a result, there was a tremendous day for LSI's stock price. Yes it was. But this answers the mystery volume as well. .....but now because of the lack of gate array, the cell business can only further grow LSI's top line. Thus, it was only a matter of time before LSI grew its top line. I, like the street, have been waiting for LSI to return to at least the $2.00/share yearly earnings. However, the top line growth has been missing for many, many quarters. An increase here would do much to return confidence in our stock. And with a strong hint of an upturn coming from many semi companies, it is possible that the glory days are dead ahead. Having held this stock almost as long as Addi, I can tell you that I would not continue to hold through all the disappointments, if I did not believe this. shane: I continue to offer you my shares now for $95. This offer is sure to be withdrawn, later.<g> o~~~ O

To: Jock Hutchinson who wrote (17461)	3/19/1999 8:39:00 PM
From: J_W	Read Replies (2) \| Respond to of 25814

Thanks for the report Jock. That explains the price action as of late. I think we will see a breakout to the upside within the next two weeks in anticipation of earnings on 4/20. The chart looks real good to me at this point. We have formed a good base in the 25-28 region. 207.95.154.130 Today's action, closing higher in the face of a down market, is particularly encouraging. LSI had every reason to decline today and did not. Jim

To: Jock Hutchinson who wrote (17461)	3/19/1999 10:07:00 PM
From: patrick tang	Read Replies (1) \| Respond to of 25814

Much thanks for the info Jock. I still don't quite understand the shorting before the convertible part, but then it wouldn't be the first or last time I can't understand something. I believe that on Tuesday, a $1.50 down day, the volume was high but only 2.5M shares. On Wed., it was a 7M share day, way beyond covering any shorts the few days before it. So.... Would also believe that on that big up day, the last of the LSI shorts took their cue and exited their positions. Can't see how the I/O chip is more complicated than the 10M transistor CPU + graphic chip, but as long as LSI can get more money for the new chip as well as retain the business for the old one, still a positive I guess. Still don't agree with the SEEQ purchase, 'cause I think they should be able to tape out those products from their IP library. Just tape them out as stand alone products instead of cells. But .... guess we'll have to trust them to know what they are doing. I like their aggressiveness, going to go up head to head with Intel and TI. But at their size, besides continuing to dominate their nitches like storage, they will have to attack existing large markets to grow. If they will just do a good job of it, they will probably get bought out a couple of years later at a good price (by whom, I wouldn't know). If they do an excellent job and actually carve out a good part of the business for themselves, the stock will be something to hold and behold! Hope it is the latter. I like their focus - quite unlike Halla at NSM. That re-org was perfect. Good management. I know a lot of people will crunch when I say this, but it does not hurt for the stock to drop to $11 last Oct. Those low price stock options should lock a lot of the engineers in place for the next four years. patrick