Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: ed doell who wrote (21814)	3/29/2000 1:24:00 PM
From: Andy M.	Read Replies (2) \| Respond to of 25814

Ed, I don't think I'm the best person to ask, since I said a week or so ago that it was unlikely we'd have a double-top at around 90, and that's pretty much what we've got now, with all of the bearish implications of a double-top in force. But a lot of good stocks are getting trimmed right now because of Abby Cohen's comments. I think with semiconductors, people are always looking for signs that the cycle is over, and so there's some panicked selling into significant downturns which makes them worse. But LSI's fundamentals are not deteriorating, though the momentum behind the stock obviously has. I'm still hoping for a run-up as we get close to earnings. Also, consumer confidence was down yesterday, and other signs that the Fed tightening is working could lead to a nice bounce up after this sell-off is over. Andy