LSI Corporation Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : LSI Corporation

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: BILL CHOW who wrote (20344)	10/22/1999 2:55:00 AM
From: E. Graphs	Read Replies (1) of 25814

//OT// Bill, Funny you should ask me that. I took note of that stock today. It looked bad...headed straight to slaughter. Going strictly on technicals a low of 14 is not out of the question if the stock breaks 19/18 area......keep in mind 19/18 is on trend and if the stock has any fight left it might hold to a trendline until something comes along to break it down further, or pull it up instead. Problem is that this is a neckline and a break would be swift. I know this sounds very negative but if you take a look at the long term chart and compare it to the charts of MO ANF and possibly G tomorrow, you will get the picture. CPQ: siliconinvestor.com MO: siliconinvestor.com ANF: siliconinvestor.com Perhaps a bottom fishing wiz will see things I don't and suggest this as a buying opp. I honestly can't see it. Is it a hold? I think that depends entirely on the FA at this point and I don't know anything about the stock other than the chart. I will say that sometimes a stock will recover more quickly from a declining head and shoulders because a lot of downside has been done. The FA would help decide that too. Hope it works out to be better than I see it. E

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next