Duane,
I know you like this technical stuff so here it is. This does not take into account the after hours drop to 22.50 so, if anything, the conclusions might be worse.
Co:LSI - LSI LOGIC,$/share(US) Exchange:NYSE
MACRO*WORLD(tm) 7-DAY OUTLOOK 3/04/98
------------------------------------------------------------
Latest Data:
3/04/98 closed at $23.75, up 1.12. This is
larger than the -0.62 average daily change.
The daily model indicates that this is an
exceptionally High $/share!
------------------------------------------------------------
7-day Alert:
-other factors don't warrant a rating-
If you use Stops, for a Long position use $22.00,
for a Short use $25.56.
------------------------------------------------------------
Forecast Summary:
There is a 75% chance of being Lower in 7 days.
Most likely 3/11/98 level is $22.69, a 4.5%
decrease vs yesterday's $23.75.
--------------------------------------------------
| 70% confidence range|
| Forecast Closing --------------------|
| Days $/share Change High Low |
|------------------------------------------------|
| 03/05/98 23.51 -0.24 24.05 22.97 |
| 03/06/98 23.18 -0.33 23.75 22.61 |
| 03/07/98 Sat |
| 03/08/98 Sun |
| 03/09/98 22.85 -0.33 23.50 22.20 |
| 03/10/98 22.68 -0.17 23.35 22.01 |
| 03/11/98 22.68 0.00 23.38 21.98 |
--------------------------------------------------
Co:LSI - LSI LOGIC,$/share(US) Exchange:NYSE
MACRO*WORLD(tm) 5-WEEK OUTLOOK 3/04/98
------------------------------------------------------------
Latest Week:
2/27/98 averaged $24.25, down 0.98. This is
within the -1.24 average weekly change.
------------------------------------------------------------
5-week Alert:
-probability too low, no action recommended-
If you use Stops, for a Long position use $22.00,
for a Short use $25.56.
------------------------------------------------------------
Forecast Summary:
There is a 65% chance of being Lower in 5 weeks.
Most likely 4/03/98 level is $22.93, a 3.5%
decrease vs latest $23.75/share.
--------------------------------------------------
| 70% confidence range|
| Forecast Average --------------------|
| Week of $/share Change High Low |
|------------------------------------------------|
| 03/06/98 23.26 -0.99 24.31 22.21 |
| 03/13/98 22.44 -0.82 23.57 21.31 |
| 03/20/98 22.11 -0.33 23.32 20.90 |
| 03/27/98 22.06 -0.05 23.35 20.77 |
| 04/03/98 22.93 0.87 24.30 21.56 |
--------------------------------------------------
However, the Daily model's outlook is Down.
Co:LSI - LSI LOGIC,$/share(US) Exchange:NYSE
MACRO*WORLD(tm) 4-MONTH OUTLOOK 3/03/98
------------------------------------------------------------
Latest Month:
Feb'98 averaged $25.19, up 3.40. This is
larger than the -2.47 average monthly change.
------------------------------------------------------------
4-month Alert:
-other factors don't warrant a rating-
If you use Stops, for a Long position use $20.94,
for a Short use $24.31.
------------------------------------------------------------
Forecast Summary:
There is a 70% chance of being Lower in 4 months.
Most likely Jun'98 level is $19.38, a 14.4%
decrease vs latest $22.63/share.
--------------------------------------------------
| 70% confidence range|
| Forecast Average --------------------|
| Months $/share Change High Low |
|------------------------------------------------|
| Mar'98 22.02 -3.17 23.18 20.86 |
| Apr'98 20.36 -1.66 22.21 18.51 |
| May'98 20.25 -0.11 22.79 17.71 |
| Jun'98 19.38 -0.87 22.62 16.14 |
--------------------------------------------------
However, the Weekly model's outlook is Up.
The above report is based on mathematical calculations and, as such, no investment decision should be based solely on its conclusions. |
