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Strategies & Market Trends : Angels of Alchemy -- Ignore unavailable to you. Want to Upgrade?


To: SirRealist who wrote (2548)6/16/2000 7:19:00 AM
From: SirRealist  Read Replies (2) | Respond to of 24256
 
Watchlist stocks: RVDP, AVEA, LSI, SCMR, AMK, AMD, BLZE, BRZE, FIRE, and ....

Here's why LSI:

LSI:

cbs.marketwatch.com

Coupled with these CBS-MKTW headlines:

--14:54 [LSI] LSI LOGIC SAYS TO INTRODUCE CDMA HANDSETS IN FOURTH QUARTER

--14:54 [LSI] LSI CDMA SALES COULD BE "SEVERAL HUNDRED MILLION DOLLARS" IN A A FEW YEARS

--14:54 [LSI] LSI SAYS COMMUNICATIONS CHIPS TO ACCOUNT FOR 50 PERCENT OF THIRD QUARTER REVS

--14:54 [LSI] LSI COMMS CHIP REVENUE GROWTH TO RISE 70 PERCENT IN 2000, AHEAD OF EXPECTATIONS

--14:54 [LSI] LSI SEES GROSS MARGINS IN MID 40S RANGE IN 2000, RISING TO LOW 50S IN 2001

______________

More to take note of:

MSLV appears to be near support with the potential of 60.

PHCM has a very bullish stochastic with the chance to return to 95-96.

ELNT looks good to 70.

TLRK oughta go to 30-32.

Strong pick: VRTA clearly on the bounce to 54 and could go to 62 if it breaks that resistance.

WATCH ARPT... 3rd test of this high, right at the peak, so a breakout means it can run up fast! (I'd target 160 if it goes.)

ELOY could go to 17.5 or 20

Watch NAVI, WFII.