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Technology Stocks : LSI Corporation

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To: Bald Eagle who wrote (14034)	8/4/1998 4:29:00 PM
From: Tech Watcher	Read Replies (2) of 25814

I love a day like today. LSI performed pretty much like the rest of the market, even though the fundamentals are MUCH better than the market as a whole. I can't believe I got to average down to under 20 a share. The downturn of the last couple weeks isn't going to affect when LSI gets back to 30. It will still be in 6 to 9 months. There are still some ridiculous valuations out there. I'm happy to see the indexes fall, but I'm a little concerned the SOXX didn't hold 250. Still a far cry from Kurlak's call of 200, but the SOXX had remained relatively stable through most of this down cycle. Tomorrow will be interesting to say the least. - Tech Watcher

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