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Technology Stocks : LSI Corporation

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To: Ram Seetharaman who wrote (19688)	8/13/1999 1:29:00 AM
From: Steven Ivanyi	Read Replies (6) of 25814

>>Wow! How awesome LSI has become! Keeps pounding away to new highs! Today INTC zoomed to 76+ and LSI followed too! Great day for chips, kind of like an oasis in the desert, after many days of carnage!<< I shorted LSI on the gap open today - 57 5/16. Very bearish pattern for the day. The carnage is coming back. I'll probably cover in the low 40's or lower. August is usually a weird time for semi's despite what you're led to believe. When things in the market are almost euphoric - sell. The pro's are selling right now! All those buy recommendations are really designed for the big boys to unload stock. Trust me I know.

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