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Technology Stocks : LSI Corporation

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To: Ram Seetharaman who wrote (19537)7/27/1999 6:28:00 PM
From: uu  Read Replies (1) of 25814
 
Perhaps, but we still will see Nasdaq of 2200-2300 and DOW of 10200. Todays rally was on light volume and mostly by little guys. I am now only 90% invested in the techs (compare to 100% till a week ago), and will continue to be invested at this rate despite the fact that I know I am in for a wild ride! But at the end of the year, I know I will have enojoyed this wild ride! Nadaq will be at 2900 (possibly 3000), and DOW at 12000. 1999 will be the best year US stock market has ever seen in its history. All nonesense talks done by the WallStreet talking heads regarding interest rate hikes, bla bla bla, should be viewed as great buying opportunity in the tech sector.

As for LSI, even the wild ride of the next couple of months can not possibly take that below $43/shr!

As always, these are just my humble opinion which have proven me to be wrong many times in the past!

Regards,

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