SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : LSI Corporation -- Ignore unavailable to you. Want to Upgrade?


To: Andy M. who wrote (19024)6/23/1999 1:36:00 PM
From: Tony Viola  Read Replies (1) | Respond to of 25814
 
Andy,

Any thoughts on what will happen to LSI if interest rates go up a half point or
more instead of just a quarter point?


I imagine it'll go down, along with a thousand or more other stocks. Sorry can't offer more.

Tony



To: Andy M. who wrote (19024)6/23/1999 2:07:00 PM
From: sea_biscuit  Read Replies (2) | Respond to of 25814
 
Well, some people are saying that it could well be three-quarters of a point increase. In three steps of one quarter point each.

LSI and most stocks might be able to weather the first bump. However the second might bring them down somewhat. The third, if it happens, could be the shocker and I think we might see LSI back at 30 or lower in that case.



To: Andy M. who wrote (19024)6/24/1999 12:40:00 PM
From: sea_biscuit  Read Replies (1) | Respond to of 25814
 
Well, today we are getting a good indication of what will happen in such a scenario. Long bond yield is close to 6.18%. The market is down about 1.5% while LSI is down about 4.5%