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Technology Stocks : LSI Corporation

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To: shane forbes who wrote (7619)	11/3/1997 1:24:00 AM
From: Duane L. Olson	Read Replies (2) of 25814

Well, O Wizard of the Thread, thank goodness there was no action...did you say LSI got down to 28? What a buying opportunity. Not being too swift, I made the mistake of selling out 80% of the portfolio on Thurs, just before we left -- not liking the worsening activity in Hong Kong. Silly me, I thought that some of the turbulence might carry over into an overvalued U.S. market. Intelligently, I held onto real winners like LSI calls, just to even things out a little. Surely I will make a fortune on those -- especially the Nov 30's. (The Jan 35's are looking almost as good.) So where are we?... Would you settle for a retest into Dec, with a chance to pick up some LSI around 17 1/2 (which should be good enuf to convince our TA types to call it a "real" double bottom)..would that work? Will have to see if E! is still hanging in there for us -- She can always straighten me out when I start believing I understand what's going on... So where are the next great victories, O Fearsome One? We would like to work on a bit less saintly and slightly more "root of all evil" :-) TSO Ole!!

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