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Technology Stocks : LSI Corporation
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To: E. Graphs who wrote (15027)9/16/1998 2:03:00 AM
From: sea_biscuit  Read Replies (2) of 25814
 

It's not that I want (or don't want) LSI in the single digits. But the kind of news that we have now -- an open-ended earnings warning with no indication about when things will get better and with no end in sight, is conducive to a long and grinding decline. So, let me put it this way -- I won't be surprised at all if we see single-digits for this one before it (eventually) recovers.

And pardon me, but I don't believe in Technical Analysis. When a stock is doing badly, it can break through resistance level after resistance level after resistance level with amazing ease.

Dipy.
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