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Technology Stocks : LSI Corporation

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To: E. Graphs who wrote (20097)	10/6/1999 5:24:00 PM
From: country boy	Read Replies (2) of 25814

Hey E: I'm curious why you got back in LSI today? Semi's overall were weak, but LSI was relatively strong; I unloaded 3/4 of my Oct. LSI calls today with the $ above 59---too much uncertainty and only one week left. I think LSI can make a big move to the upside before earnings, but expiration is a week ahead of report date; I'm still holding my Nov-Jan calls. Still, looks like last week under 53 was the best time to get in---wish I could have but had already bought all I could previously. LSI's volume has been really lack-luster lately. We'll need a real increase to push through 60---think it will happen before earnings? I'm sure glad to see the overall market turning around so, but I'm still looking for a post earnings pullback "on the news" and may buy more LSI there. IDT is the only semi I have that hasn't fully recovered from last week's mess; seems like maybe a buy on those retests of 20, which I think will hold for now. best, cb

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