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


To: Moonray who wrote (18682)6/2/1999 2:53:00 PM
From: shane forbes  Respond to of 25814
 
Moonray:

BB Bank DEBT is the highest S&P ranking in the speculative category. BB- is a notch lower.

I do not know if the corporate ratings are on a similar scale and if they are whether they have the same significance. The convertible offering helped the capital structure but likely these debt types like to see consistent cash flow and that is on the other end of the spectrum for a company like LSI. So maybe the chip sector as a rule (INTC excepted) will have an overall lower rating. FWIW the S&P earn/div. rank is B-.