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Technology Stocks : LSI Logic (why the panic?)

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To: Joe Wagner who wrote (8)3/8/1996 11:05:00 AM
From: olduser   of 24
 
Well, combined with Compaq's recent news and TI's news of hardly
ANY growth this year, it makes me wonder how long is it going to
take for this recovery? This could just be a correction period
for tech stocks, but combined with (1)a saturation of chip makers
and (2) low profit margins for PC makers, the tech sector looks
ominous until 3rd or 4th quarter. If LSI does drop to ~20, how
long will it take for the stock to go up to the price I bought
at - 39? My feeling is to take my losses and free up cash for other
short-term investments - dept. stores or bio-tech.
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