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Technology Stocks : LSI Corporation
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To: Wolf 2 who wrote (12054)5/1/1998 8:51:00 AM
From: DavidG  Read Replies (1) of 25814
 
Wolf 2,

It appears that Ms. Graphs' hex on my desire to get in at 26 or less this week has worked. I thought that DavidG had virtually guaranteed me entry at 26 and, possibly even 25...the battle of the TA's.

I tried, LSI went down to 26 3/16, but when E! saw our posts she looked LSI right in the eyes and had it running back the other way.
Also Elaine Garzarelli must have got wind of it also, b/c right after E's post she was on CNBC touting her bullish positions for techs(which for the most part I agree with) and LSI went right back up.<g>

Seriously, I think you will have plenty of opportunities to buy LSI at those prices, which should be good buys. The seasonal downturn from May to August is now ocurring and I see no reason why LSI should be immuned from it.

Also, I trade a certain part of my portfolio in a similar manner as you and Shane and feel LSI should be a good trading stock for next few months in a range of 22-30.

Good Luck

DavidG
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