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Technology Stocks : LSI Corporation

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To: Haim R. Branisteanu who wrote (7715)	11/9/1997 12:43:00 AM
From: Duane L. Olson	of 25814

Hello Haim! Thanks for the hedging tip.. There should also be some good trading opportunities for the next couple of months, with all the turmoil in the market.. I'm still targeting a "load up the options in December" strategy, so whatever trading I do, I'll into cash in time to buy the rest of my option position in December. Despite all the good news, and the solid stories, I am not expecting much out of LSI for the time being. E! ID'ed resistance at about 25, and LSI fell back after getting to 24 and change. Just about right on target. For the market as a whole, I'm looking at any current strength as a chance to lighten up or establish S/T bear positions. Thanks again for the tip! dlo

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