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Technology Stocks : LSI Corporation

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To: E. Graphs who wrote (11276)3/28/1998 4:54:00 PM
From: Mang Cheng  Read Replies (1) of 25814
 
E, I think this breakout is for real - Friday afternoon when most people thinking about sell not buy. Maybe people are anticipating some very good news next week.

Basically Asia had bottomed out. China and HK are cutting interest rates and their markets are going to go up. Japan has this $130 Billion stimulation package approved so Japan is going to go up. Oil is going up. Gold is going up. Indonesia, Korea, Taiwan they are all going up .........

LSI as a component maker, will benefit first should there be a worldwide economic uptick. Orders must be flooding in right now in anticipation of much better consumer demands.

Mang
(and only after typing this note that I noticed LSI was up 2 1/4 Friday ! I thought it was one something ! Boy whenever a stock goes up you think you are holding too little, when it goes down you think you are holding too much, I just think I have too little LSI right now !)
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