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Technology Stocks : LSI Corporation

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To: E. Graphs who wrote (7955)11/25/1997 9:32:00 PM
From: DavidG  Read Replies (1) of 25814
 
E!

You are getting excited ....but maybe a little too soon. If the market stays sane for a while I think this week we might see 24 - 25.
But maybe another week to gather momentum to break the resistance.

I am also trying not to get too excited because it is beginning to look a lot better than it has in quite a while.

Only concerns:

Tax selling and VLSI and INTC behavior might slow LSI down a bit. Maybe more downgrades to come. These characters want to knock these stocks as low as possible so they can buy them cheaper.

If I had to pick a date LSI jumps thru 27... I would pick Wed Dec 17th.

Good Luck Trading

DavidG

PS: Sally goes 'round the roses....
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