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Technology Stocks : LSI Corporation
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To: MulhollandDrive who wrote (20379)10/22/1999 2:34:00 PM
From: Jock Hutchinson  Read Replies (1) of 25814
 
Looks to me that in the past two months the LSI of '99 has become the LSI of 94' 95 and early '96. For a NYSE stock it had one of the highest betas--2.20 by the measure in Value Line. Although, I have not mentioned this point recently, I have in the past referred to the fact that LSI has a small core group of trading fans who love the intense intra-day price swings. My guess is that this kind of ten percent daily price swing could last for years to come.

As far as it being off today, I would remind those that it is up four to five points from the same time yesterday.

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