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Technology Stocks : LSI Corporation
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To: DavidG who wrote (11390)4/1/1998 9:44:00 PM
From: Duane L. Olson  Read Replies (1) of 25814
 
David, After looking at the charts for today, my main observation if that we had a new closing high, on volume. That is hard to interpret as anything other than positive.. Here is the chart:
207.95.154.130
The previous intra-day high was 27 1/2, closing at 27, on volume of 3.7 Mil shares. Today had an intraday high at 27 7/8 with a close of 27 1/4 on higher volume of 5.4 mil shares. For my money, I hold for further action.. Good luck on your decision.. TSO
And BTW, had a reading of the chart by a fellow amateur who sees 32 as reasonable..(vs my 29)...FWIW... Cheers!
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