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Technology Stocks : LSI Corporation

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To: sea_biscuit who wrote (18826)6/11/1999 8:32:00 PM
From: Ram Seetharaman  Read Replies (1) of 25814
 
With a 12+ % growth for 1999 and perhaps a 20+ growth for 2000, I don't see LSI crashing any time soon. Further LSI's profits look rosier than before! Interest rates will go up at the most by 1/2 a point (long term 30 year bond yield may go to 6.5, then it will drop later in the year back to 5.8). By the end of 1999 Semis would be well into their upward cycle and looking good for 2000! I would wait at least till an LSI price of $ 65 before you sell (I have doubled my money, and am waiting for a treble)!
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