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Technology Stocks : LSI Corporation
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To: E. Graphs who wrote (7599)11/1/1997 10:55:00 PM
From: Miles Bradley   of 25814
 
DISCLAIMER BEGIN

Just a going long anouncement so ignore if looking for substantive details for growth potenetials.

DISCLAIMER END

The end is near.

Well I sure hope so for this stocks price slide since I've recently bought back into LSI with profits from some significant shorts done before the "big" drop. I've been gone for around a year now after my last LSI ride from 22 to 29. The stock will probably still fluctuate downwards in the near future but I think investing starting now in this recent wallstreet "dog" will be considered a great thing to have *done in 6 to 9 months. I will continue to buy on dips.

The stocks beaten down for some fairly good reasons including the flats in the Y2Y and Q2Q but I'm certainly betting a portion of the farm that this is an earnings plateau to be bought into at this weak stock price before the next ride up as earnings resume their increase. The possible positives for earnings are by their nature less tangible than the past results but ... others have stated details on why these may occur so we'll just have to see how it pans out. Net, I don't think that WS will keep this stock on the downward slide for much longer.

3 months max for stock turnaround and then a double and maybe more, depending on the low, within 6 months. My kind of upside potential for minimal downside risk.

LurkOn & I'll at least come back in 9 mnths for a results check.

Ciao,

sMiles !8)
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