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

To: Tony Viola who wrote (20797)	12/10/1999 11:40:00 AM
From: MulhollandDrive	Read Replies (1) \| Respond to of 25814

Ouch, this looks bad this morning. Has anyone else noticed how this stocks sells off almost immediately after an upgrade? I think someone has been working off a very large piece of LSI.... bp

To: Tony Viola who wrote (20797)	12/10/1999 11:50:00 AM
From: patrick tang	Read Replies (1) \| Respond to of 25814

Hi Tony, still here. Am puzzled by the drop, but not worried yet. I still look at this thing as a short term thing and long term it should be OK. I definitely think there is some Y2K in there. DRAM spot price has dropped below contract price - almost unheard of in the month of Dec. Most likely some people blinked when staring at Y2K and changed their minds and push back year end deliveries. Not very surprising. Seems possible somebody unloaded a 'big' position. Don't know how 'big' is big though. Volume slightly high but not that high, as in 6M share days or anything like that. More like a lack of buyers, people sitting on their cash before Y2K perhaps? I know that if I were to have any cash, I'll be sitting on it and not commit it until the last days of the year in hope of getting even better deals. All psychology and no fundamentals perhaps, but anything that can bring in a $ .... patrick

To: Tony Viola who wrote (20797)	12/12/1999 7:56:00 PM
From: Mark The Trader	Read Replies (1) \| Respond to of 25814

Tony , I used to work for one of those "Funds" , They tend to be more conservative and stay away from the speculative MO MO's because those Mo Mo's tend to be too volatile. Now that I no longer work for that Investment Management Company I can tell you that during the Summer and Fall they bought quite a bit of LSI as did many other funds . Chips were in favor and the funds had to load up on them. As long as chips are in favor and LSI has no surprises its a safe hold . But like all changes in sentiment by the time the small investor realizes it the stock has fallen quite a bit. For all that remember me from days past I am now a full time Day Trader :-] Mark