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Technology Stocks : LSI Corporation

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To: uu who wrote (8445)	12/14/1997 3:26:00 PM
From: sea_biscuit	Read Replies (1) of 25814

The one thing that I have become a bit concerned has been the volume with all high techs. Volume has increased dramatically and the price is dropping drastically. That might happen initially. As we get to the later stages of the game (possibly after mid-Jan 1998 and almost certainly after mid-April 1998), it would not require a whole lot of selling to bring the prices down further. Once that happens, any subsequent rise would require huge amounts of buying. And the likelihood of that happening is not very high. At least not in the near future (i.e. during 1998). You have said on various occasions that you are weighted 85% to 100% in tech stocks. Such overweighting in a sector that has had a great run during the last 6 years or so, is like playing with fire. You will be severely tested in 1998. I wish you lots of Good Luck, and let me tell you right now that you are going to need all of it! Dipy.

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