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Technology Stocks : LSI Corporation

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To: Jock Hutchinson who wrote (14079)	8/5/1998 11:07:00 PM
From: thomas hayden	Read Replies (3) of 25814

Dear Jock, I have watched your post with interest and I would give up on K. Trying to disprove him is about equal to trying to do the same with Bill Clinton. Everyone knows they are untruthful, but they are so oily they slip away. Since K can't have a meaningful affect on us forget about him. What we should be concentrating on is what is the next move for LSI. Today's action makes my heart stop. There was huge selling. If you want to buy more don't take the offering, just post a bid and it will get hit. The selling this morning was horrific. Unfortunately I don't think whoever is done. The little rally we saw this afternoon was nothing more than the LSI sellers seeing the other buy imbalances on the floor and the tape improving and removing their orders. I think they will be back. Someone who owns a lot of stock wants out bad. I'm starting to feel like the long timers because I think we are only a couple of quarters away, but others who have owned this stock for a while have been saying that for 10 and 12 quarters. I don't think anyone can say for sure when but given everything that is going on LSI looks cheap.

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