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Technology Stocks : LSI Corporation
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To: shane forbes who wrote (9612)2/9/1998 10:00:00 PM
From: sea_biscuit  Read Replies (1) of 25814
 
However, the casual dismissal of QCOM's warning; the arrogant contention that Asia's problems are largely regional; and escalating valuations indicate that this is a trading rally... Yes it's powerful, but don't confuse the current advance with the beginning of the next sustained uptrend.

Very well said. As far as Asia goes, there has been no change in fundamentals. The current rally is based entirely on sentiment. Anybody who views it as a signal that the problems "are over", is likely to get a rude jolt in the near future.

Dipy.
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