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Technology Stocks : LSI Corporation
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To: Jock Hutchinson who wrote (17885)4/12/1999 1:33:00 PM
From: Jock Hutchinson  Read Replies (1) of 25814
 
Not much of an answer at all. A two point drop after a 15 point run within a month's time really isn't that much. I think that those people who are looking for LSI to go back to the 20s again are in for a very very long wait--especially when you have no more Gresham problems. And looking for LSI to hit 21 in order to buy in again won't happen. All that LSI needs to do to retain a price of 30 is keep revenues even, and that simply isn't going to happen.

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