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Technology Stocks : LSI Corporation

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To: Jimbo Cobb who wrote (17163)	2/24/1999 12:01:00 AM
From: Egul	Read Replies (2) of 25814

SI signs are ripe for pullback. You cheerleaders crack me up! Irrational Exhuberance is again rampant on this thread. I have seen this so many times before on so many threads, coupled with 52 week highs and post earnings euphoria it is a sure sign of at least a short term pullback. This stock has burned me too many times when it hits highs, I have bought in and it instantly drops 5-10%. This time I'm waiting til after the next drop to get in. I'm look for 26 1/2-27, then I'll ride it back up to 30-32 and again wait for the pullback. Obviously it's hitting higher lows, very encouraging for you longs, but the trip down from 46 to 30 hurt too much to hang on for more than a week or two. The rest of you who are finally getting back to even have got a lot more patience than I have. I've learned this stock, for me anyway, is only worth $2.00 gains at a time before I bail. *JMHO* Best of luck!

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