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


To: sea_biscuit who wrote (21912)4/15/2000 3:27:00 PM
From: uu  Read Replies (1) | Respond to of 25814
 
Dipy:

> . Anybody who wants to sell but decides to wait for the previous highs or the all-time highs of 90, is quite likely to be disappointed.

Perhaps! Nevertheless and as unacceptable as it may sound in the current market conditions, my target price for considering selling LSI is at $150/shr (or a market cap of about $45-$50 billion). If this happen this year that would be perfect, otherwise...well time is something I have as long as I live!

Regards,



To: sea_biscuit who wrote (21912)4/15/2000 9:09:00 PM
From: Duane L. Olson  Respond to of 25814
 
Dipy...Seems like a good way to play it. It was an easy move to pick up more LSI on that major crash day -- I just wish I had held a day or two instead of cashing out the same day. Going in to Monday there appears to be a possibility of picking up some stock at bargain prices again, with a view to selling into any "snap back" rally. You may sound pessimistic to most, Dipy, but there could be a lot of reality to that view. We might not see the end of base building until well into the second half of the year..
And that a lot of stocks are still overvalued appears true also -- don't you expect quite a few of those fancy IPO's to disappear from the scene within 6-12 months?
Wish me luck on Monday, a.m. I'm going to try to "catch a few falling knives" <G> ((CYMI DPMI CAMP VTSS TXCC CNXT LSI))
tso