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Technology Stocks : LSI Corporation

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To: Mang Cheng who wrote (9190)	1/28/1998 10:56:00 AM
From: shane forbes	Read Replies (1) of 25814

Thanks Mang. This guy's brave! Going for the out-of-favor stocks isn't he? LSI's a sound bet though. (and AMAT as well inspite of 300 mm push outs.) ROSS has collapsed. IDTI is promising. IFMX may be a turnaround play. There seems to be some strength in the semis recently. Looks like we may be setting up for good gains n/t. So maybe LSI may also be a short term bet as well. I'm getting tempted but will wait a bit longer until I see some decisiveness in the stock's volume. And watching for breaks in the SOX above the 200 day MA. Saw the President's speech yesterday and liked the part about SEA. Maybe there's hope. If that can be resolved and this Monica thing takes months and months to resolve things could change. I've seen some funny things recently that might mean that sentiment is changing somewhat. Note that DD companies are not plummeting anymore on bad news. MSFT goes up a few bucks because of a stock split (like the good old days). INTC pushing 80. ORCL announces possible 25% growth in database business. Tech companies w/o SEA exposure generally showing results that show a robust US economy. Networking companies may be recovering. So there may be signs that n/t sentiment is improving. Good for a couple of points?

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