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Technology Stocks : LSI is a sell
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To: David Tesorero who wrote (24)7/19/1997 9:19:00 PM
From: Stock Guru   of 32
 
considering how high the market is, lsi could easily trade back in the 20's. intel could hit 65, microsoft 120. I remain very cautious on the market yet remain optimistic. I think friday was a good day. If the market goes up too far too fast, it will be the time to load up on puts. However, i try to look at a stock by its potential drop and its potential rise. Currently lsi looks even, actually there is more of a rise than a drop, but the rest of the market has more drop than rise. If the market were to hit 7100 again, lsi could quite easily drop 20% and hit 24-27. The nasdaq is the thing to watch now. I can just agree with what duane said "buena suerte pero debe mirar su espalda"

sg (in other words, be careful out there, especially with these high valuations)
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