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Technology Stocks : LSI Corporation

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To: uu who wrote (8049)	12/1/1997 6:08:00 PM
From: Duane L. Olson	Read Replies (1) of 25814

Addi, O Supreme LSI Bull, good to hear from you! LSI is beating again on the 24/25 resistence level, as E! predicted some weeks. The surge could carry to about the 27 level in the scenario we all agree on. (E! has a contest going in that regard, as you may know). The OPEN question: Will LSI then come back and do a retest of previous lows? ---I think so. I am expecting a repeat or continuation of the "turmoil" in SEA which will create enough uncertainty to drive themarket down, and drive LSI back down to 19 and change (~19 1/2) by mid-December. It is that (theoretical) low which I am anticipating to provide a great buying opportunity. Note: I am holding quite a few options, to cover the possibility that my scenario is a misunderstanding of the clues (an excellent possibility, given the TSO Contrarian Indicator Law). Also Note: A real or apparent resolution of the SEA financial difficulty might cause sufficient sense of relief to defer the retest of the lows.. ((all IMVHO, Addi) How do you feel about the market here, old friend... and LSI? dlo TSO

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