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Technology Stocks : LSI Corporation
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To: E. Graphs who wrote (15303)9/29/1998 9:21:00 AM
From: Moonray  Read Replies (1) of 25814
 
E., well actually that chart you gave me looks pretty pathetic. Look
at September. All the indicators were rising and the stock only moved
from 12 to 13. The volume even fell. After the big fall, a move to
fill the 17-18 gap was certainly a likelihood. I think we will get an
up-side surprise to this area, but not today. I am not looking for
shanes' optimistic 150, but I do expect to see an eventual 60. At this
point I would say that from a FA basis, the stock belongs around
Corrigan's buy-in price of 23. One must always keep in mind that LSI
can earn two bucks a year.

.....but, then this little c&h looks pretty good......
......any chance of a surprise?

o~~~ O
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