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Technology Stocks : LSI Corporation

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To: country boy who wrote (16877)2/6/1999 1:15:00 AM
From: FNS  Read Replies (1) of 25814
 
country boy: Re: >Unfortunately, this pullback in LSI was much more than I expected, like a lot of you; you were right, FNS. I bought yesterday at 24 1/4, and got stopped out today at 23 1/2.<

Relax...Don't fight the tape! All the good earnings are out...stocks got over extended and profit taking and various uncertainties in the in the international economy are depressing the overall market. Correction (or call it what you like!) may take a week or two before all the dust settles.

On the other hand, we could get a rally come Monday, but I would NOT trust it...we need to rally and retest lows before moving to higher ground...still quite possible that LSI could test 21 or lower. Much will depend on INTC...

FNS
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