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Technology Stocks : LSI Corporation

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To: Daniel My Brother who wrote (16053)	11/23/1998 8:39:00 PM
From: Bill Hermesmann	of 25814

You needn't apologize, I think your disappointment is certainly shared by most considering the big day on Wall Street with plenty of tech stocks (not just the big NASDAQ gems) moving up. For lack of a better reason, I blame it on that gap around 17-18 which exhausted LSI's upward move......for now. I think stocks tend to do this when they have filled an important gap. It's all about volume, when it resumes the uptrend, the stock should move quickly to the 20 area next and rid itself of the gap. Good news on the earnings front or an analyst upgrade would surely do it. Keep in mind that of 16 analyst followers of the company, 13 are still carrying it as a hold. If we don't get the fundamental positive news then we know why.

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