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Technology Stocks : LSI Corporation

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To: frank/fla. who wrote (13533)	7/15/1998 11:54:00 AM
From: Hightechhooper	Read Replies (1) of 25814

I agree, this is one lousy piece of crap. This trading pattern is enough to put doubts in my mind about what they might say on the 23rd. No press releases or anything coming out to even remotely draw attention to this thing. LSI management is underperforming even my low expectations of them. If they screw this up and cause this thing to go sub 20 I will really be pissed! Someone else said it (and I agree) that LSI should have either brought expectations down when the stock fell or defended the current estimates so the price would not have fallen so far or at least recovered when the overall mkt did (like INTC). The fact that it is now so far from major resistance at 25 means that even if they do have a positive call, it is unlikely to break 25 and hold it in the near term. My 27-30 target is only a dream now.

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