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Technology Stocks : LSI Corporation -- Ignore unavailable to you. Want to Upgrade?

To: uu who wrote (19766)	8/16/1999 6:26:00 PM
From: Steven Ivanyi	Read Replies (1) \| Respond to of 25814

I'll let you know if I short LSI. I made just over $1,400 after everything. But considering the amount of money put up as margin the trade is really a wash when you look at it. LSI may still come off. But I covered because the stock just felt too strong, and then you have HWP and AMAT reporting and the CPI tomorrow. So I felt staying short was too much of a risk at this point. I may buy LSI instead tomorrow if things look good.

To: uu who wrote (19766)	8/16/1999 6:55:00 PM
From: sea_biscuit	Read Replies (1) \| Respond to of 25814

There is considerable short interest in LSI -- about 7.1 million shares. Based on recent volume, the "days to cover" number would be about 4. If the stock keeps rising like this, expect the shorts to have their nuts squeezed! Never liked this business of shorting stocks. Even w/ the internuts, my decision is to just stay far away from the mania, and watch with amusement as "Bezos' Bozos" scramble to buy "Imodium A-D" (over the internet, of course <G>), as they surely will, sooner or later.