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To: shane forbes who wrote (18656)	6/1/1999 1:35:00 PM
From: patrick tang	Read Replies (1) \| Respond to of 25814

Power of 0.25um, hope that LSI has a piece of the action: news.com As for the combatants, time to lighten up - stock is up <g>! patrick

To: shane forbes who wrote (18656)	6/1/1999 3:43:00 PM
From: Jock Hutchinson	Respond to of 25814

Shane: If I am correct, the reason you use for grossly overestimating the revenues for DVD, DCAM and PSI for 1999, is because of the problems in Asia. No reasonable financial analyst would use such a flimsy excuse. There is no way that the Asian market would have accounted for the 40 to 50% shortfall in your projections, since the vast majority of these products were going to the US and other developed economies, including Japan which already had problems. Rather, the only reasonable conclusion is that your projections going forward one year were grossly optimistic. And this was not a revenue shortfall or the sort of inventory adjustment that plagued LSI for a long time. Rather these were new product cycles, where you simply were far too enthusiastic about your figures. Similarly, your figures for PSI were light about $100 million. Once again, these figures had absolutely nothing to do with the problems in Asia. As far as the issue of debt/equity is concerned, I wrote that ultimately the convertibles will move to the equity side given the terms of the offering. I stand by my remark. As for the rest of your post, I will only say that it reveals far more about yourself than you care to realize. “Is he an only child?”—Basketball legend Michael Jordan speaking of petulant Orlando Magic Star Anafree “Penny” Hardaway, who despite his obvious gifts has a reputation for not showing up, deriding fellow players and coaches who do not appreciate his brilliance, and threatening to stay away from games.

To: shane forbes who wrote (18656)	6/1/1999 3:52:00 PM
From: akmike	Read Replies (2) \| Respond to of 25814

Shane and Jock-You both have me so intimidated that I wish to post this disclaimer- Any future posts that I make that could be interpreted as disagreeing with either of you will not be intended as personal insults and only clarification of your brilliance which some times goes over my head (or elsewhere). I'd also like to state my opinion that each of you has such an outstanding record of contribution to the thread that perhaps we should all overlook this foolishness. Best regards, Mike P. S. Welcome back, Shane! It doesn't appear that you went to Dale Carnegie's school in your absence. <vbg>

To: shane forbes who wrote (18656)	6/3/1999 1:02:00 AM
From: Jock Hutchinson	Read Replies (1) \| Respond to of 25814

- You say Storage Components is the segment doing well. Well interesting. In a Corrigan interview on 20 April 1999, of the Wichita Kansas Storage _______ (you fill in the blanks), he said it was 'doing very well actually'. And no the blank is not Storage Components. Again Metastor. Again EMC doing better than 30% growth. Do YOU understand the 2 storage segments? Get it idiot? One at an average of 15% (COMPONENTS) and one at an average of 30% (SYSTEMS). I will respond to your most recent silliness in another post, but the above little ditty further demonstrates that you are marching to your own drum. I am a fan of LSI, but analogizing their Storage Systems Division to EMC is really beyond the far edges of goofy. EMC's price to sales ratio is 11 to 1, which using your figures of $150 million in annual sales for the (what you now know is) the Systems Division would give that division alone a value of $1.65 billion. There is no chance that this is even remotely the value of this division. A more appropriate analogy might be Seagate, because it darn sure isn't EMC Moreover, you are absolutely wrong when you write that it is the Systems Division that is outshining all of the other LSI divisions. That is another fact that you have made out of whole cloth. You simply do not know the facts. It is clearly and unquestionably the Storage Components Division that is the best performing division (percentage wise) among the six divisions. Where do you get your facts Shane? Show me one single source that backs up your claim that LSI's System storage is the best performing (percentage wise) of the six divisions. Is it in some polynomial or in your imagination? Are you deliberately misrepresenting the facts? Now my question of you is what do you call a person who has labelled the person with the correct facts an idiot? This thread isn't the one you led a 15 months ago where you could make up your facts as you went along. It's time to get caught up and really learn your facts.