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Technology Stocks : LSI Corporation
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To: BWAC who wrote (14243)8/17/1998 6:32:00 PM
From: Tony Viola  Read Replies (1) of 25814
 
BWAC, >>"Nobody wants LSI which
actually made money and looks to easily make $1 in earnings this year."

I like LSI fundamentals a lot also, but I've been saying it's a big cap/small cap thing, not that the market has anything basically against LSI. Just take today as a microcosm of the bigger is better thing that has been happening:

Dow Jones Industrial Average
8574.85
+149.85
+1.8%

NASDAQ 100 Index
1367.79
+37.75
+2.8%

S&P 500 Stock Index
1083.67
+20.92
+2.0%

Russell 2000
403.96
+1.17
+0.3%

I know that LSI is in the S&P 500, but they must be near the bottom of it, and "look" more like a Russell 2000 stock. The Russell 2000 has sucked in the last few months, as has LSI.

Tony

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