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Technology Stocks : LSI Corporation
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To: Andy M. who wrote (23890)7/12/2001 3:59:46 PM
From: sea_biscuit  Read Replies (2) of 25814
 
Andy, even if it reaches 22, I would say the same thing -- the risk of going down to the 12-13 range is very real. At some point, investors are going to realize that there is going to be no second-half/fourth-quarter recovery this year. And that is when this will head south in a hurry. Heck, some companies have now begun talking about recovering by the second half of NEXT year or even later than that!

Now, if one wanted to trade the 17-22 excursions, fine. But one of those attempts is going to force the trader to become a "long-term investor" :-) It is difficult to say when though.
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