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Technology Stocks : LSI Corporation

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To: sea_biscuit who wrote (18789)	6/10/1999 11:03:00 PM
From: uu	Read Replies (1) of 25814

Dipy: > With the long bond yield going over 6.05%... Yes, and already people are discounting the worst. Another 5% in the DOW, and Nasdaq of about 2350-2375 and the next up turn is set for Nasdaq of 2800 and DOW of 12000 by the year end. The World economy is improving and sure the inflation may be of concern. But the difference between now and 1987 is the unbelievablel high productivity (thanks to the technology). Therefore profits will rise significantly well above the inflation rate. In any event, glad you are making money and turning the paper profits into real hard core cash. I will continue to hold on to my paper profits. I no longer have a LSI target price of $70/shr, but rather $100+ (and perhaps after a split I may consider selling a bit). But till then I am going to enjoy the wilde ride! Regards, - Addi

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