LSI Corporation Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : LSI Corporation

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: uu who wrote (14905)	9/11/1998 1:20:00 AM
From: shane forbes	Read Replies (3) of 25814

Addi: If I had the dough (not the Pillsbury kind <g>) I would take advantage of any fear and buy the techs very heavily tomorrow. See my post 14906 Message 5720880 - that truly is very very good news - in particular note the semicustom chips supply conditions thing (they will worsen) and the inventory thing (build or maintain with no reductions) - usually when you see big aberrations like that it is a sign of an inflexion point. (LSI would theoretically be in the semicustom chips area - your XLNX definitely is in this category.) I follow the NAPM numbers pretty closely and the above is a good proxy for the electronics area - I have never seen such big increases in optimism! Of course you are right about Japan - that's a total mess. Plus we will have the Clinton thing as well. Personally I wish the big caps get thrashed another 600 - 1000 points on the DOW - that should bring the speculators back into big time reality. Unfortunately I do realize that my small caps will then get absolutely slaughtered if that happens but I would rather have the crap cleaned out this way than what appears to be unrealistic signs of hope in the big caps even at these levels. You know what is eerie. Many of the tech stocks I follow are back to fairly solid support levels that have held this summer and before. My sense therefore is that there is enough news to keep them above those support levels for the near term future. We shall see soon enough. Shane.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next