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Technology Stocks : LSI Corporation

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To: Steve Smith who wrote (15880)	10/29/1998 10:02:00 PM
From: thomas hayden	Read Replies (1) of 25814

Steve - the stock is very overbought and I was looking for a place to short my customers buy orders all day, but it was suicide. If I was long I would get out, I "think" you might have a chance to buy it again in the low 30s, however, shorting seems like trying to bend over and pick up a dime in front of bulldozer. You might make it, but the big cat is coming through. The thing that bothers me is all the news on AMAT, or their current fundamentals doesn't seem to warrant such a monster move forward. Somebody who is much smarter than me must see something starting to develop in their business in the near future that the headlines haven't picked up on.

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