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Technology Stocks : LSI Corporation

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To: Tony Viola who wrote (12377)5/15/1998 2:24:00 PM
From: Duane L. Olson  Read Replies (2) of 25814
 
Tony, To open some futher discussion on "How Bad It Gets", I would like to note that today's weakness is spreading from what should have been a concentration around the PC chip suppliers (INTC, NSM, AMD) based on Kurlak's renewed attacks out of Merrill Lynch. Kurlak is probably under a bit of pressure from some big customers after he got them out of the entire sector in time to avoid the big run-up from mid-January through April. He was predicting a SOX of 212, and with no sign of a move to anything like such gloomy depths, he appears to put one of these bulletins out whenever the market is already weak. biz.yahoo.com
Is your view of things as gloomy as Mr. Chief Naysayer? TSO
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