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This Quarter's Sentiment:
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SocialPicks Community
new offices in taiwan set us-based company on right track
LSI
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-10.84%
in
575 days
If you are in the business of making chips, Taiwan is where you need to be to make the deals which matter to your business. With LSI opening up new offices in Taiwan... hell, just trust me.
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LSI's Blue Onyx a sure Winner!!!!!
LSI
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-31.04%
in
852 days
Greetings: This a very interesting stock: After LSI bought out <> <> Agere, LSI stock fell like a rock, gee I wonder what went wrong? In its Mobile Content Servers, I'm interested in the potential of Blue Onyx, a small bluetooth hardrive. I can't understand why distributors don't see the potential of this product. Also third party Linux developers could develop many apps for this product. If Blue Onyx drives begin to sell, if and only if LSI markets them correctly, then LSI stock should see numbers at about $9.00/share. So does anyone think that Apple >>...
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LSI is a HOLD
LSI
From the Blogosphere
Company News for November 19, 2009 – Corporate Summary
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• Bank of America/Merrill (NYSE:BAC) downgraded a number of semiconductor companies, expecting a modest inventory correction, even as economies improve and demand for electronics rises. Four shares were downgraded to neutral, including Intel (NASDAQ:INTC), Texas Instruments (NYSE:TXN), Marvel Technology Group (NASDAQ:MRVL) and LSI Corp (NYSE:LSI). The form lowered Maxim Integrated Products (NASDAQ:MXIM), National Semiconductor (NYSE:NSM), Power Integrations (NASDAQ:POWI) and Microchip Technology (NASDAQ:MCHP) to underperform <>• Advanced Micro Devices (NYSE:AMD) rose 10.6% yesterday. Th><>><>><>><>><>><>><>><>>< /><><>< />><>< />><>< />>>< />...
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Merrill Turns Cautious On Chips, Foundries; Many Downgrades; Stocks Swoon
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Bank of America/Merrill Lynch chip analyst Sumit Dhanda this morning turned cautious on semiconductor stocks, downgrading a slew of stocks; his colleague Daniel Heyler made a comparable on the foundries, lower ratings on a number of stocks. <>“We are downgrading our view on the sector given unfavorable indications from our cyclical framework,” he writes. “In particular, our industry model suggests that following a period of rapid replenishment of inventory and normalization of semi shipments to true consumption levels, inventories in the supply chain are approaching a level suggesting a modest><>><><><>><>>><><>><>>><><>><>>><><>><>>><><>><>>><><>><>>><><>><>>><><>><>>>><>><>><>><><><>><>>><><>><>>><><>>><><>>><><>><>>><><>><>>><><>>><><>><>>><><>>>><>><><>><>><>><>><>><>><>><>><>><>><>>><><>< />><>< />><>< />><>< />><>< />>>< />...
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LSI Posts Beat-And-Raise Q3; Stock Rallies
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LSI (LSI), which makes chips and storage systems, posted better-than-expected Q3 results, and a solid Q4 outlook. For the quarter, the company posted revenue of $578 million, with non-GAAP profits of 18 cents a share; the Street had expected $555.7 million and 4 cents. For Q4, LSI sees revenue of $605 million to $645 million and non-GAAP profits of 7-13 cents a share; the consensus has been $578.7 million and 6 cents. <>“With the economy demonstrating signs that a modest recovery is underway, our third quarter revenues exceeded our guidance range, supported by healthy sequential growth across ou<>>><>><><>< />><>< />><>< />><>< />><>< />>>< />...
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Marvell Raises Forecast; FBR Ups Price to $22
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Wireless and disk drive chip maker Marvell Technology Group (MRVL) is hopping this morning, up 72 cents, or 5%, at $15.30 after the company raised current-quarter (fiscal Q3) forecast above estimates. For the quarter, the company now sees revenue of $760 million to $775 million, above the $680 million to $730 million prior estimate, based on “broad improvement in demand within multiple end markets.” <>That’s ahead of $710 million average estimate of analysts. Analyst Craig Berger with Friedman, Billings, Ramsey this morning notes that Marvell’s top customer, Western Digital, recently report><>><>><><>< />><>< />><>< />><>< />><>< />>>< />...
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LSI: Barclays Backs Off Bearish Stance As Enterprise Spending Shows Signs Of Life
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LSI (LSI) shares are trading modestly higher this morning after Barclays Capital analyst Romit Shah raised his rating on the shares to Equal Weight from Underweight. He also boosted his price target on the stock to $6, from $5. <>The move reflects a new survey from Barclays hardware analyst Ben Reitzes that found an improving enterprise spending environment; Shah notes that Reitzes could be a key beneficiary with 75%-85% of sales from enterprise storage ICs, systems and networking. The survey found that storage systems sales were better than expected in Q3, and should grow in the mid-to-high s>...
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