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Technology Stocks : LSI Corporation
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To: E. Graphs who wrote (8259)12/11/1997 12:06:00 PM
From: shane forbes  Read Replies (2) of 25814
 
E! did you notice that magic 30% number again. KLIC has so far dropped not 20%, not 40% but close to 30% (28%) so far today. This mangy bored bear did not want to point this out in his earlier post to E! but the amazing consistency of this 30% drop in the first day of stocks that get thrashed suggests that the Crash-Bandicoot stock market in total panic mode would pummel any once-hot sector by another 30%.

This mangy bear likes to use this kind of "boundary condition" (old Math knowledge) analysis to try and predict how far weak sentiment can pummel stocks when the fear of problems turns into the knowlege of real problems.
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