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Technology Stocks : LSI Corporation

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To: Duane L. Olson who wrote (17023)2/13/1999 1:37:00 PM
From: country boy  Read Replies (2) of 25814
 
DLO:

<<<Rally or NO>>>

LSI put in an impressive day, I thought; closing on its HIGH with the Naz closing on its low, as well as other stocks like INTC, MU, CSCO on their lows. How long can LSI hold out under overall market pressure like that, however?

I'm concerned with such a dramatic reversal yesterday that 2300 will not hold. In that case, we should retest 24 support, IMO. I wouldn't count on that 30 right away. Seems like the overall market will determine, but LSI sure didn't want to go down.

cb
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