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Technology Stocks : LSI Corporation

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To: E. Graphs who wrote (7758)	11/12/1997 8:32:00 AM
From: kormac	Read Replies (1) of 25814

Hi E Graphs, I bought into LSI a couple of weeks ago, by moving from APM, which was on a disasterous downward trend and LSI LSI seemed to have made the bottom. Well the bottom was not there. Regarding the mutual fund cash position I think you will see it move up. In fact I just transferred all my mutual fund money to cash. I am also going to sell LSI this morning for a loss. I will be left with only wiht two stocks of too low price to be affectedby what mutual funds are doing. The SE Asia's financial crisis is not going away. Today's paper mentions a Japanese brokerage house going bust. The interconnectedness of the financial markets will IMO cause further turmoil in the US. Regards, Seppo

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