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Technology Stocks : LSI Corporation
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To: Duane L. Olson who wrote (17244)3/2/1999 8:53:00 AM
From: Moonray  Read Replies (1) of 25814
 
TSO, perhaps I am not the one to ask since last November I said
that I didn't expect a pick-up in LSI's price until this spring.
And, I didn't expect anything like the up-move we've had until
after December's earnings were announced. But, you have asked so
here goes: This two-year chart shows that we reached an extremely
high overbought condition in the beginning of this year:

askresearch.com

I look for the correction to carry us to lower 20s. Still, if your
time horizon is a year or two, does it really matter if you buy at
20 or 25 for a move into the 40s?

.....where does LSI bottom.....

o~~~ O
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