Lsi Corp (LSI)

[adeezl]

Brother it looks beautiful indeed. Consolidation appears to be complete here shortly for the next round up on that 52-weeker as you pointed out. This really is a definite winner and total security. She's been creeping up the ladder here and last quarter's fins were exceptional!

Let's roll this drive bro... I gotta say it was a good day!

[a r]

LSI - new 52 week high coming next week?






watching the S&P500 closely as well. between 1343ish and 1367ish.
1343ish was resistance a few times, then failed support, then resistance, and so far showing some strength as resistance.
we shall see how she holds.

break above 1370 and continue up and markets could see more money flowing in.

[a r]

yeah, and we get nice things like this:

LSI Co. (NYSE: LSI) had its price target raised by analysts at FBR Capital from $9.50 to $10.50. They now have an “outperform” rating on the stock.

from: http://www.webinquirer.co.uk/investment-analysts-price-target-changes-for-february-23rd-adi-afam-akrx-avgo-away-brkr-chs-clh-clwr-cno-cwei-cyh-dltr-flr-grmn-hov-itc-k-lamr-lsi-mdco/13523/

as I've said before, I don't really care for analysts expectations, but since I don't control the market and its based on human psychology - this matters.

[adeezl]

Excellent play fine sir, total security on this one. It's not even close to as volatile as OCZ/FIO have been. LSI is going the distance just as well, I'm glad to have this one in my portfolio for years to come. Cheers mate! GO LSI!

[a r]

Started a position here @ 8.25
Will be watching the chart closely and using a fairly tight stop loss.

[adeezl]

13.7mil traded here today! daaaaaaymn

Still bustin' a move up the foodchain here. LSI is poised for action folks.

LSI = Good times!

[adeezl]

Sounds like a cherry idea to me sir, these are all destined for the big house. I like LSI especially as it's not as volatile as the others. Slow and steady wins this race! Cheers mate, hope you're doing well out there.

LSI

[a r]

Wow. This is on a nice run.

Yes, I followed you here but I must say, the SSDs are doing it for your portfolio!
Haha.

I might actually jump in some here instead of focusing only on FIO.

[adeezl]

LSI = Golden Cross here folks check it. Should be a doozy to $9 by Feb 14th

[adeezl]

That chart is so hot I must post it again heh! GO LSI!

Excellent blue skies here guys..

[adeezl]

Yes, looking excellent here. GO LSI!

2012 = Year of the SSD

You snooze you looze folks - Already up over 200% total on my SSD plays.

[adeezl]

LSI - showing it's true colors here, destined for $10+ easy a little stroll down the road.

GO LSI!

[adeezl]

Volume city here 18mil at $7.90 pricing... someone's loading up :)

http://www.lsi.com/about/newsroom/Pages/20120201cr.aspx

[adeezl]

Anyone missing these SSD plays are definitely missing the boat here. LSI is going to go top shelf. Check the chart, blue skies ahead. Goodluck folks.

[adeezl]

LSI hit a homerun on the FINS - Afterhours loving it hit 7.70's+ folks..

LSI (LSI) Announces Quarterly Earnings, Beats Estimates By $0.03 EPS

http://localizedusa.com/2012/01/25/lsi-lsi-announces-quarterly-earnings-beats-estimates-by-0-03-eps/

[adeezl]

LSI in breakout mode here check the chart, ring it up. Should have soaked up the $5's for months folks! GO LSI

[adeezl]

$7 hit, feeling good

[adeezl]

LSI chart - 200ma destroyed today.. blue skies back to $7 where you be!

[adeezl]

LSI in breakout mode here folks.. sup fly! took some off the top 6.58 here

[adeezl]

LSI Completes Acquisition of SandForce, Inc.

http://www.lsi.com/about/newsroom/Pages/20120104cr.aspx

LSI Completes Acquisition of SandForce, Inc.

Acquisition adds industry-leading flash storage processors to industry’s broadest portfolio of storage technology solutions

MILPITAS, Calif., January 4, 2012 – LSI Corporation (NYSE: LSI) today announced that it has completed the purchase of SandForce, Inc., the leading provider of flash storage processors for enterprise and client flash solutions and solid state drives (SSDs). With the addition of innovative flash-based storage solutions that accelerate application performance, LSI assumes a leadership position in the rapidly growing market for flash storage processors for ultrabook, notebook and enterprise SSD and flash solutions.

“Customer response to the announcement has been very positive and we are pleased to now be able to fully demonstrate the benefits of the combined technology capabilities of LSI and SandForce,” said Jeff Richardson, executive vice president and chief operating officer. “Together, we offer the broadest storage technology portfolio in the industry, and are well positioned to help customers manage their growth and the explosive growth in data across enterprises and the cloud.”

Flash storage processors provide the intelligence required to deliver the performance and low-latency benefits of flash storage in enterprise and client applications. SandForce’s award-winning products improve the reliability, endurance and power efficiency of flash-based storage solutions, resulting in storage solutions that improve performance and deliver the durability required to more broadly adopt flash in mission-critical applications.

The SandForce team joins LSI as the newly formed Flash Components Division, headed by Michael Raam, formerly president and CEO of SandForce. Approximately 190 SandForce employees have joined the LSI team with the close of the transaction.

The company will provide more information on the acquisition on its fourth quarter earnings conference call.

Forward-Looking Statements: This news release contains forward-looking statements that are based on the current opinions and estimates of management. These statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those anticipated in the forward-looking statements. Factors that could cause LSI’s actual results to differ materially from those set forth in the forward-looking statements include, but are not limited to: our ability to successfully integrate and manage the SandForce business and retain its key employees; our ability to achieve anticipated synergies and to develop integrated new products following our acquisition of SandForce; our ability to eliminate costs related to the external storage systems business that we sold to NetApp; our ability to repurchase our common stock at prices we believe to be advantageous; the impact of the recent flooding in Thailand; our reliance on major customers and suppliers; our ability to keep up with rapid technological change; our ability to compete successfully in competitive markets; fluctuations in the timing and volumes of customer demand; the unavailability of appropriate levels of manufacturing capacity; and general industry and macro-economic conditions. For additional information, see the documents filed by LSI with the Securities and Exchange Commission, and specifically the risk factors set forth in the company’s most recent reports on Form 10-K and 10-Q. LSI disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

[adeezl]

LSI Announces Industry’s First 28nm Read Channel for Hard Disk Drive Manufacturers

http://www.lsi.com/about/newsroom/Pages/20111222pr.aspx

TrueStore RC5100 enables increased capacity, higher yield and lower power consumption for HDD manufacturers

MILPITAS, Calif., December 22, 2011 – LSI Corporation (NYSE: LSI) today announced that it is demonstrating to OEM customers the TrueStore® RC5100 read channel for hard disk drives (HDD). The RC5100 is the industry’s first 28nm read channel and features a new low-density parity check (LDPC) iterative decoding architecture, which enables HDD manufacturers to achieve increased areal density, higher yield and lower power consumption for HDDs.

A critical piece of technology for increasing the capacity of hard drives, a read channel translates the magnetically encoded information on the hard disk drive to electronic signals that can be understood by the host computer.

“The amount of digital data being generated worldwide continues to grow at an exponential rate, creating new storage challenges for client and enterprise customers alike,” said Phil Brace, senior vice president and general manager, Storage Peripherals Division, LSI. “We pride ourselves on being first to market with new process technology that extends HDD capacity, accelerates performance and provides our HDD OEM customers with a time-to-market advantage.”

The RC5100 is designed to support notebook, desktop and enterprise HDDs. It supports low power management features, which are critical to extending battery life in notebooks and to reducing energy costs in datacenters. The RC5100 also supports advanced new technologies such as shingled magnetic recording (SMR), a key technology for achieving next-generation areal density points.

“LSI has a consistent history of innovation,” said Rick Cassidy, president of TSMC North America. “This 28nm collaboration with TSMC is a continuation of that proud lineage.”

The RC5100 is the latest addition to the LSI® TrueStore family of ICs for hard disk, solid-state disk and tape devices, including highly integrated storage system-on-a-chip (SoC), read channels, preamplifiers, serial PHYs and hard disk drive controller IP. Together with TrueStore preamplifiers and serial PHYs, the RC5100 creates a complete data path solution for HDD manufacturers.

The TrueStore RC5100 is expected to be available to OEM customers in the first calendar quarter of 2012.

[adeezl]

LSI nice push these cores feeling nice. i'll take some more off the table here 5.80

[adeezl]

LSI my 5.20's feeling nice here, taking some profit 5.61

[adeezl]

Thai flood if what you're referring to mostly had an impact on physical platter drive makers. LSI makes SSD, non-affected really all the SSD makers surged on the Thai flood on those concerns alone. LSI golden for future growth, just a slow mover right now but comes with full security.

After the acquisition of Sandforce, we're golden

[Choi]

Big moves coming... Shorts are covering right now...

[T-Master]

what do u think is the impact of the flood on LSI business? I want in with LSI but until I know exactly what the impact is, I will stay put and perhaps see this below 5 bucks. cheers bud. F'ing STT* got me pretty hard. waiting for a bounce now.

[adeezl]

LSI back to $6 i'll watch for an entry sub $5.90's

[adeezl]

LSI breaking $6.30 nicely here get'em!

[adeezl]

Alright pulling everything 6.30 here cannot break it for the life of me. Excellent trade though good profit

[adeezl]

Excellent close for LSI here up nicely from yesterday on the Q3 growth. Good times! GO SSD get those old @$$ physical platter drives outta here!

[adeezl]

Nasdaq Explosion here hold tight

[adeezl]

Yup, $6.25 pushing now

[adeezl]

LSI wants $6.20's back asap! Puuuuuuush it!

[adeezl]

I took 1/2 profit $6.22 here I see the markets on a downturn from being pumped so high pre-market. Great MM tactic

[adeezl]

Hold the gains over $6.20 LSI, 9% for the Q3, 21% for 2011. I'd call that a nice increase. They deal mostly with commercial action folks.

[adeezl]

GO LSI! Excellent run coming here after fins and sandforce aquisition

[adeezl]

Excellent announcement indeed! Revs up 9% for the Q3 and 21% for 2011*. GO LSI! Should be nice tomorrow. Cheers

*http://www.lsi.com/about/investors/pages/webcasts.aspx

[adeezl]

LSI Announces Agreement to Acquire SandForce

LSI Corporation (NYSE: LSI) today announced that it has signed a definitive agreement to acquire SandForce, Inc., the leading provider of flash storage processors for enterprise and client flash solutions and solid state drives (SSDs). Under the agreement, LSI will pay approximately $322 million in cash, net of cash assumed, and assume approximately $48 million of unvested stock options and restricted shares held by SandForce employees.

SandForce's award-winning products include flash storage processors at the heart of PCIe flash adapters and SSDs. Flash storage processors provide the intelligence required to deliver the performance and low-latency benefits of flash storage in enterprise and client applications. With market-proven, differentiated DuraClass™ technology, SandForce flash storage processors improve the reliability, endurance and power efficiency of flash-based storage solutions.

The acquisition greatly enhances LSI's competitive position in the fast-growing server and storage PCIe flash adapter market, where the WarpDrive™ family of products from LSI already uses SandForce flash storage processors. The complementary combination of LSI's custom capability and SandForce's standard product offering propels LSI into an industry-leading position in the rapidly growing, high-volume flash storage processor market space for ultrabook, notebook and enterprise SSD and flash solutions.

"Flash-based solutions are critical for accelerating application performance in servers, storage and client devices," said Abhi Talwalkar, LSI president and chief executive officer. "Adding SandForce's technology to LSI's broad storage portfolio is consistent with our mission to accelerate storage and networking. The acquisition represents a significant, rapidly growing market opportunity for LSI over the next several years."

Michael Raam, SandForce president and CEO, said, "The combination of SandForce and LSI allows us to deliver differentiated solutions in the PCIe flash adapter segment by tightly integrating flash memory and management. In addition, leveraging our flash storage processors with LSI's comprehensive IP portfolio and leading-edge silicon design platforms will lead to innovative solutions."

The transaction is expected to close early in the first quarter of 2012 subject to customary closing conditions and regulatory approvals. Upon closing, the SandForce team will become part of LSI's newly formed Flash Components Division, with Raam as general manager.

LSI expects the acquisition to be neutral to non-GAAP* earnings per share in 2012. The company will provide further details during its conference call at 2 p.m. PDT today and discuss third quarter results and the fourth quarter 2011 business outlook.

* GAAP refers to Generally Accepted Accounting Principles. Non-GAAP earnings exclude goodwill and other intangible asset impairment, stock-based compensation, amortization of acquisition-related intangibles, purchase accounting effect on inventory, restructuring of operations and other items, net, and gain/loss on sale/write-down of investments. It also excludes the income tax effect associated with the above-mentioned items.


Forward-Looking Statements: This news release contains forward-looking statements that are based on the current opinions and estimates of management. These statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those anticipated in the forward-looking statements. Factors that could cause LSI's actual results to differ materially from those set forth in the forward-looking statements include, but are not limited to: our ability to obtain all necessary regulatory approvals for the acquisition, the successful consummation of the acquisition; our ability to successfully integrate and manage the SandForce business and retain its key employees; our ability to achieve anticipated synergies and to develop integrated new products following our acquisition of SandForce; our ability to eliminate costs related to the external storage systems business that we sold to NetApp; our ability to repurchase our common stock at prices we believe to be advantageous; the impact of the recent flooding in Thailand; our reliance on major customers and suppliers; our ability to keep up with rapid technological change; our ability to compete successfully in competitive markets; fluctuations in the timing and volumes of customer demand; the unavailability of appropriate levels of manufacturing capacity; and general industry and macro-economic conditions. For additional information, see the documents filed by LSI with the Securities and Exchange Commission, and specifically the risk factors set forth in the company's most recent reports on Form 10-K and 10-Q. LSI disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

About LSI

LSI Corporation (NYSE: LSI) designs semiconductors and software that accelerate storage and networking in datacenters and mobile networks. Our technology is the intelligence critical to enhanced application performance. The company applies its technology in solutions created in collaboration with our partners. More information is available at www.lsi.com.

About SandForce

SandForce flash storage processors enable ubiquitous deployment of flash memory into primary and I/O intensive data storage applications. SandForce Driven SSDs dramatically optimize mission-critical application reliability, IT infrastructure ROI, green power preservation, and everyday computing user experiences. Founded in 2006, SandForce was initially funded by leading venture capital investors DCM and Storm Ventures and later joined by Translink Capital, and Canaan Partners. More information is available at www.sandforce.com.

Editor's Notes:

1. All LSI news releases (financial, acquisitions, manufacturing, products, technology, etc.) are issued exclusively by PR Newswire and are immediately thereafter posted on the company's external website, http://www.lsi.com.
2. LSI, the LSI & Design logo and WarpDrive are trademarks or registered trademarks of LSI Corporation.
3. All other brand or product names may be trademarks or registered trademarks of their respective companies.

SOURCE LSI Corporation

http://ih.advfn.com/p.php?pid=nmona&article=49681990

[adeezl]

LSI rollin' on anticipation! Fill up!

[adeezl]

I'll bite some at $5.70 as they definitely made headways here. LSI focuses on commercial usage.

* FILLED $5.71

[adeezl]

LSI Corporation to Host Webcast on Third Quarter 2011 Results

LSI Corporation (NYSE: LSI) today announced it will host a webcast on Wednesday, October 26, 2011, to discuss its financial results for the third quarter of 2011. The company invites investors and others to listen to the earnings conference call live over the Internet at 2 p.m. PDT.

What: LSI Corporation Third Quarter 2011 Earnings Announcement

When: Wednesday, October 26, 2011, 2 p.m. PDT

Where: http://www.lsi.com/webcast

How: Log on to the web at the address above, and click on the audio link.

Following the conference call, the webcast will be available for replay on the LSI website at http://www.lsi.com/webcast.

About LSI

LSI Corporation (NYSE: LSI) is a leading provider of innovative silicon and software technologies that enable products, which seamlessly bring people, information and digital content together. The company offers a broad portfolio of capabilities and services including custom and standard product ICs, adapters and software that are trusted by the world's best known brands to power leading solutions in the Storage and Networking markets. More information is available at www.lsi.com.

Editor's Notes:

1. All LSI news releases (financial, acquisitions, manufacturing, products, technology, etc.) are issued exclusively by PR Newswire and are immediately thereafter posted on the company's external website, http://www.lsi.com.
2. LSI and the LSI & Design logo are trademarks or registered trademarks of LSI Corporation

SOURCE LSI Corporation

http://ih.advfn.com/p.php?pid=nmona&article=49352123

[adeezl]

Earnings announced End of Day folks... BUTTER THESE UP! FILL FILL FILL!

[adeezl]

LSI excellent run here after 10/27 fins! Outperform buy rating here from me!

[adeezl]

Hah i've got a close buddy that makes the PCB layouts for their newer drives. Good stuff indeed. LSI will take time folks. Goodluck

[T-Master]

LSI have zero LT debt. Set aside almost 1 billion to buyback as the stock gets cheaper. higher EPS as a result. Should be a best bet for next earnings play. GLTA. BUY LSI

[T-Master]

Chit! lsi IS GETTING AWAY FROM ME. Didn't go below 6 though. I'll have plenty of time to get back in there. GO LSI.

[T-Master]

LSI looking pretty in the low 6's. I'll be loading this one if it gets below 6. All or nothing Boys. BUY LSI.

[Choi]

haha, that's so true...

[T-Master]

SHORTS HAVE TO COVER BEC> ONCE THE MARKET REVERSE COURSE HERE, LSI WILL BREAK NEW HIGH. THE STOCK IS NOT GOING DOWN EVEN WHEN THE MARKET IS BEING SLAUGHTERED THE LAST 5 F*ing days. GET A CLUE SHORTERS. BE GONE or BEHEADED!!!!! GO LSI.

[T-Master]

WOW! that news was huge. PURDUE SELECTED LSI SYSTEMS. They will kepp on taking market share from competition. WATCH OUT! This stock is hot LSI