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Technology Stocks : LSI Corporation

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To: Mark The Trader who wrote (7507)	10/28/1997 9:15:00 PM
From: Mark The Trader	Read Replies (1) of 25814

Just to clarify my position here, if your a trader type and purchased LSI in the 19 - 22 level and it gets a quick pop up to say 24 - 25 I would consider selling the position, and waiting for it to drop down again short term. I suspect that this market is going to remain volatile for a couple of weeks. If your a long termer, and you bought some at low levels, consider write covered calls out a few months, I really doubt you will see 30 any time soon. And depending on your average cost, option writing is a nice way to pick up some income as long as you have enough shares to make it worth while. Mark

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