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

To: uu who wrote (23012)	10/25/2000 12:54:40 AM
From: Steve Dietrich	Read Replies (1) \| Respond to of 25814

<<Since market always reflects what to come it knew that Bush would be up in the polls a bit by now and therefore it factored that into the prices well ahead (that is why you see such a bear market)!>> I know (or at least i think i know) that you're being a little tongue in cheek here. After all it's hard enough to argue efficient markets, especially considering LSI's current price and PEG, let alone prescient markets. But i did see a poll recently that Wall street brokers by a large margin thought Bush would be better for the market than Gore. So it's reasonable to think they're more likely to be buying when they think Bush is going to win than when Gore is up in the polls. (Ironically, the electorate is more likely to support Gore when they think the market is solid, so the two factors work against each other.) Therefore, i think things may be pretty choppy until the election, and i have no idea who's going to win. But afterwards, regardless of the outcome, things should look pretty good for a nice rally. And finally, remember this is admittedly just a theory. (And i don't trade short term anyway.) Also, i'm certainly not an advocate for Bush. I'm just saying that it appears to me that Wall Street thinks he'd be best for the market... Steve Dietrich