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Technology Stocks : LSI Corporation

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To: E. Graphs who wrote (10924)3/16/1998 1:24:00 PM
From: shane forbes  Read Replies (2) of 25814
 
HA!

18+- good enough. Any way daily esp. intra-day does not count. I have bought that stock at 17, 17.5, 22, 25, 27 and 20 and sold it at 23, 24, 32 and 23. Now back to last year's numbers. Interesting. Company bought back at 19.5 this time. Support at 18+-. But panic esp. on a daily basis can kill the best support levels at least temporarily. Then again there may be something fundamentally wrong (such as questions about future product streams or wireless handsets demand question) - though doubt if this is the right time to price in the really longer term type of issues.

Shane.
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