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Technology Stocks : LSI Corporation

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To: Wolf 2 who wrote (12262)5/10/1998 9:56:00 AM
From: shane forbes  Read Replies (1) of 25814
 
HowlMan:

Re: Shane and I were buyin' like madmen

Mmmm... Looking at the volume - it looks like there were 2 sizeable blocks traded - one at 25 (200k) and one more at 24.5 (100k? + another 50k?). Do these big boys have stop limits? Just Money shifting? That's my theory. But it looks like it had a much nicer rebound when it went under 24.5 than I thought and it saw a much better close (+3/8) than I originally had believed.

My "big" buying was at 11:00 - 11:30. Normally you would see my "blocks" as well but you would need a 100X magnifying glass to discern the impact of my buying "spike" on the price. :-)

The volume was better than I thought - 2.2 million. Not bad. Maybe just maybe we will recover faster than I thought. Then again the "AMAT" effect and the "scaredy pants" and "queasy stomach" effect could easily derail this happy scenario.

Shane.
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