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Technology Stocks : LSI Corporation
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To: E_K_S who wrote (25451)11/27/2002 2:17:44 PM
From: E_K_S  Read Replies (1) of 25814
 
Huge Call volume again for the January $10 (LSIAB) of over 10,315 contracts today (11:20PST). At an average price of $0.45 verifies that the smart money is rolling up to the January $10 strike price. Stock should move easily towards the $10 level which will also represent the 200MA.

I still think as the bullish semi cycle starts and profits begin to increase, LSI could see $20-$40. This of course depends on the the strength and length of their revenues.

EKS
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