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Technology Stocks : LSI Corporation

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To: patrick tang who wrote (17251)3/2/1999 5:24:00 PM
From: uu  Read Replies (2) of 25814
 
Patrick:

> Addi, prove me wrong that this deal is not neutral and make my day. Please!!

Well, on a day when Nasdaq drops by about 36 points with most (if not all) semis dropping big time, and the rest of the techs slumping, LSI actually went up by about 4%! Now I have no idea what would have happened if semis were actually rallying today, but I take today's action in LSI a very positive sign for the start of a big run by the end of this year. $40-$45/shr is a very possibility by the middle of 3rd quarter, and $70/shr? Well that can be still a year away!

Regards, - Addi
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