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Technology Stocks : LSI Corporation

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To: Jock Hutchinson who wrote (13660)	7/17/1998 8:00:00 PM
From: FUZFO	Read Replies (1) of 25814

What is your risk reward ratio over the next year? My honest best guess is that LSI has a downside of 19 and an upside of 50. We shall see. Jock, as I posted earlier, I too believe that at this point the risk/reward is very small. I believe there is some support at 22 1/2, at 21, and again at 19. I see the 12 month upside to at least 40. Its quite possible that todays action was options related. I did not see any negative news on LSI, only the good earnings for QLGC. I will wait patiently for next thurs, I cant believe we wont have at least a $1-$1 1/2 runup prior to thursday. I know its small change but every little bit counts. JMHO FWIW. Fuz

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