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Technology Stocks : LSI Corporation

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To: Mark The Trader who wrote (7502)10/29/1997 5:49:00 AM
From: shane forbes  Read Replies (1) of 25814
 
Thanks Mark. I also noticed that the upper end of Value Line's 3-5 year target on LSI has come down from 95 to 75. Though they still say nice things about the company. I guess the prognostications of 60 and above (mine included) for mid next-year look dimmer and dimmer. Still with Mr. LSI one never knows. Also noticed that S&P's outlook profiled LSI as something like an intriguing prospect for capital gains (my paraphrasing).

Long term these prices look good but s/t I still think the fireworks are not over. For LSI and the overall market. They never go down in as straight line. Of course, with my luck, they could go up in a straight line here for the next 6 weeks.

The odd thing that I noticed today is that out of my watch list the little companies either did not recover or in some cases continued to fall further. The big guys on the other hand made up for lost time big time - immense volume and 10% or so gains. Not sure what to make from this (if anything).
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