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Technology Stocks : LSI Corporation
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To: uu who wrote (23743)3/27/2001 5:11:23 PM
From: sea_biscuit   of 25814
 
Even if numbers don't mean much, they do seem to mean something. LSI has almost never bottomed in the high teens. Somehow it always seems to be in the mid-to-upper single digits. So I think there is plenty of room to load up on LSI, if that is what you want.

The rest of the year is not going to be easy for any company and while the market has factored in a bad Q2 or even a bad Q3, it seems to think that Q4 will be fine. By September or October, we will see what's really up with Q4 (and it won't be anywhere near as spectacular as is being thought of now) and the Naz could make one final descent into the 1300-1500 range, and if that happens, we will almost surely see LSI in the mid-to-high single digit range.
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