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Technology Stocks : LSI Corporation

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To: shane forbes who wrote (7746)11/11/1997 10:35:00 PM
From: E. Graphs  Read Replies (1) of 25814
 
Hi Shane,

RE: LSI can trade at a P/E of 30 in a heartbeat.
I've been trying to detect a heartbeat. IAC I'm buying a little at the open if we open lower. I'm expecting a little rally. Don't ask me why. I must have lost it ((@@))!

Did you get in to CUBE during the pullback? Nice move today. I've been so cautious, though. Have kept a promise to myself.......no margin (since just before mini-crash monday) until I feel sure of a turn. Now it's getting interesting. Can't ignore the fact that the Dow busted it's 200day, and volume has been feeble since that first snap. OTOH, some stocks have pulled back pretty close to their lows of mini-crash monday, and we've got the holidays coming with plenty of room on the big charts for a decent rally. It's either that or crash and burn imho.

Now, do you think that Alan Greench has the gumption to steal Xmas? .........not me, but ya never know, and that's the only risk I can see from here.

Tomorrow........maybe we'll sell off big in the am, then end up up for the day. Time for a turn, if there's going to be one. What do you think?

E
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