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Technology Stocks : LSI Corporation

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To: E. Graphs who wrote (7838)	11/17/1997 6:35:00 PM
From: shane forbes	Read Replies (1) of 25814

E! Briefing.com's take on the semiconductor sector: Yo-yo trading in TXN continued as stock reversed Friday's loss in gaining more than 6 points Monday... Barron's article suggested that TXN and Micron were oversold... Analog Devices, VLSI and National Semiconductor were other big winners... Despite improved tone in recent sessions, technically group remains weak long-term... Also we have not heard end of bad news from SE Asia... Too early to jump back in. You buy this? (Personally s/t I like semi-equips better. Feel that even with SEA concerns they got plastered way way too much. FWIW Briefing.com also says something like "expecting 10-15% upside" (paraphrased) in this group.)

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