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Technology Stocks : LSI Corporation

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To: Duane L. Olson who wrote (9823)	2/17/1998 8:25:00 AM
From: shane forbes	Read Replies (2) of 25814

Saintly one: Wanted to elaborate a bit more about why I think Tuesday better be big (and I think it will (secret)) for LSI. So far picture perfect breakout move. Lower upside move than I would have thought at first blush. And we hit it (27) again and rebounded back (not a picture perfect part!). Figure that with Friday's light volume, that consolidating should now be a done deal. Would expect to make up for Friday's low (very looooowwwww) volume to be made up by heavy volume today. This is a short week. Over the long weekend war did not break out. Asia did not collapse. Clinton story is quiet. So expect (hope) buyers may be buoyant. Heck if even those stocks that should be doing nothing (semi-equips) are going up you would have to make a case for the semis. LSI being in an accelerating design-win phase etc etc should be a smart beneficiary of all the dollars. So waiting with anticipation & bated breath this Tuesday. The little birdies think today should see a strong upside move today on heavy volume. Don't disappoint the little birdies...

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