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Technology Stocks : LSI Corporation

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To: E. Graphs who wrote (9050)1/21/1998 10:27:00 PM
From: shane forbes  Read Replies (1) of 25814
 
O.K. young Ms. Graphs I am back. Almost bankrupt but breathing and back in the groove. And since I've seen a ton of insider buying across the board the last few months in many industries and most stocks and there is an overwhelming sense of negative sentiment (dumb money shorts) and because there tends to be a lag between massive insider buying and the stock market taking off, if we wait another 4-6 weeks things are going to get good very very good. All this talk about manic depressions and mass suicides have no place here. Or rather they will have no place here in 5 weeks' time.

In the meantime we wait for LSI and find out that the Koreans have cut chip-equipment spending 50%. In my mind that's good news - they were going to have a moratorium I heard at one point. So life is pretty good.

And then we wait for LSI. STM evinced caution. Altera evinced caution. But as long as the overall market (translated big bumbling multinationals) don't roil the apple-cart life will be good. And certainly not like the sharp pencil in the rear end that everyone expects on days when the market sinks.

And yes the Slinkly Lions may yet win. grumble... hiss... boo....

:-) Yahtze...
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