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Technology Stocks : LSI Corporation

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To: Moonray who wrote (16863)2/4/1999 11:41:00 PM
From: DavidG  Read Replies (1) of 25814
 
Moonray,

Today LSI had its trouble given the the tech sector debacle and of course Tom Kurlak. He just can't resist taking pot shots at INTC.

LSI had to be a casualty but did not expect it to be so severe. Something may be brewing but I just don't know what it is. Certainly those 100 contracts of PUTS and CALLs today makes the situation more ominous.

As far as my technical take on LSI, if LSI continues to drop to say 23 LSI just barely remains in an uptrend. I Certainly didn't expect LSI to test 23, but, this is what makes this all interesting If LSI goes below the trendline then I will have to stand on the sidelines again.

easystock.com

Use the java chart to actually plot the trendlines.

DavidG
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