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Technology Stocks : LSI Corporation

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To: Tony Viola who wrote (22302)6/30/2000 10:23:20 AM
From: michael97123  Read Replies (1) of 25814
 
Tony, Although not a stalwart I hope my purchase triggered the end of this decline in LSI. So far so good. I did the same thing with AMAT and actually took profits there at the highs. I believe market will churn away this summer and then rally. During the churning period LSI will move back to 70's and then launch to 100-110 by Christmas. We would have to move into a serious recession to alter my view. I don't believe that Greenspan will raise rates in week old economy environment just to shave inflation by a half point or so. He owes Clinton/Gore and probably prefers a Gore victory anyhow. Bush still impresses me and many other essentially conservative folks as a nitwit and unless he can convince me that he can surround himself with Kennedy quality staff I believe we will have to live with Al. And Greenspan can control Al.
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