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Technology Stocks : LSI Corporation
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To: SMALL FRY who wrote (9191)1/28/1998 10:36:00 AM
From: Mang Cheng   of 25814
 
Small Fry, among Murphy's picks, I think I like LSI, AMAT, and IDTI. Their charts all showing signs of small break-outs coming. But as Cramer said this morning, it's a traders market, won't see any big breakouts short-term.

LSI is doing really well this morning, challenging $24. I think with the Gersham plant prospect brightening up, the stock will have more upside room to go. The reason why this one qtr being bad are due to the Gersham plant ram-up cost - with the well-calculated added capacity, revenue has much room to increase.

Good luck to us.

Mang
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