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Technology Stocks : LSI Corporation
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To: Hightechhooper who wrote (13290)6/29/1998 3:56:00 PM
From: E. Graphs   of 25814
 
K,

Sorry, K; All I said was that the SOX was at a low. I did not commiserate with you on any level. I am long LSI from 19+ 21+ and 23+-. I also have an s/t trade planned for June which I may or may not get, especially not if SOX stays down. I suppose a "hype rally" would do me some good there, but I don't want to butcher my long position for a short term trade. I would rather the stock go up on its own true value than on some fabricated hype.

If you want action try to find a good momentum stock.

I also did some work on indexes this weekend. I've come up with IIX CMR IUX XAL RXP TXX DRG XTC NWX as potential movers during a market rally. I haven't followed up on all of them today, so don't know which are surfacing as best bets, but these would most likely house your high flyers. I would think SOX is for bottom fishing.

Good luck,

E
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