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Technology Stocks : LSI Corporation

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To: Ram Seetharaman who wrote (17128)2/22/1999 10:21:00 PM
From: FNS  Read Replies (1) of 25814
 
Don'tr trust this up in here...much rise in Dow/NAZ due to rumored Hedge fund covering...not really a broad move up!

On the plus side, watch INTC if it hits 134 tomorrow this will be a triple top breakout and will test the 142 range...this means LSI will also move up -- to 29!!! and give buy signal for LSI...

Once LSI hits 29-30, don't be surprised to see the ANALYSTS reiterating "BUY" recommendations... Personally, INTC, DELL, LU, and other big boys are commanding higher prices on iffy "earnings expectations"...probably some surprises to come in March! (IMO)

Regardless, LSI is gaining strength with or w/o INTC! IBM may be the one to watch with their new chip!

FNS
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