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Technology Stocks : LSI Corporation

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To: sea_biscuit who wrote (18824)6/11/1999 5:30:00 PM
From: uu  Read Replies (1) of 25814
 
Dipy,

> If there is a steep decline, as seems likely, no one's going to be spared.

A couple of weeks ago (Friday before the Memorial weekend) I wanted to go to work and tried to outsmart everyone else on the highway. Usually I take highway 880 to get to work but it is always busy. So I said to myself I would take highway 680 instead since everyone would be taking highway 880! To my surprise everyone else had thought the same thing and the result was that later on I found out that 880 had absolutely no traffic and 680 was as busy as it had ever been!

Moral of the sotry? Well, Right now everyone (and I mean everyone) is talking about a steep decline. The result may very well be the opoosite of what everyone thinks (as you and I both know that has been the case most of the times)! I personally think another 5% decline in the DOW, and Nasdaq of 2350-2375 and then we will go for the DOW of 12000 and Nasdaq of 2800 by the end of the year.

Regards, - Addi
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