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


To: DBrian who wrote (21956)4/20/2000 11:14:00 AM
From: uu  Read Replies (1) | Respond to of 25814
 
Brian:

> Whats going on with LSI's price

Dont be surprised to see LSI going down big time even when they report a better than expected results!

This market wants to sell regardless of earnings, or whatever other good news. It is a typical of a continuing bull market running into mini bears once in a while.

Thus far practically every high tech Company has reported better than expected earnings (even meeting or beating the so called whisper numbers), and yet upon report the stocks do sell off big time (by the institutions). From SUNW, to INTC, TO AAPL, to IFMX, to.... I do not believe LSI will be of much different. Exactly how low it will go? Well that we have to wait till next week! I personally am prepared to buy even more averaging up next week after the earnings if the stock goes down.

Regards,



To: DBrian who wrote (21956)4/22/2000 10:02:00 AM
From: JLIHAI  Respond to of 25814
 
If you don't get the earnings run, that could make it less likely to sell off.

I've seen a few tech wrecks come and go.

I don't think this one is special.

JL