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Technology Stocks : LSI Corporation

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To: E. Graphs who wrote (12625)5/26/1998 5:28:00 PM
From: getgo234  Read Replies (1) of 25814
 
E and others:
COMPX peaked last Fall near 1750 area. Its interesting that most commentators focus on YTD results and seldom comment that COMPX is only marginally higher than its peak nearly 8 months ago. If we take out a few of the large cap winners like DELL I suspect that the COMPX
is below its peak of last Fall. Question - How significant is it technically if the the COMPX trades and or closes more than a few points below the 1750 level ? If 1750 is broken on the downside where
would you look for support ? Thanks for your comments.
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