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


To: akmike who wrote (23605)2/9/2001 9:53:41 AM
From: michael97123  Read Replies (2) | Respond to of 25814
 
Mike,
Right on this one Mike. I thought that post silly too. The analysts are always behind the curve. To get one that is ahead, one has to pay dearly and there arent many working for commercial brokerage firms at any rate(if there really are any at all). Business fell off a cliff in december and january. My view is that it will level now for a couple of months and then return in vigorous fashion. The Fed has left no doubt in my mind that they will do anything and everything to get the economy back on track. What AG didnt reckon with when he was raising rates was an energy crisis and a political crisis occurring. He may have been slow to react but again if one reads his words he knows lengthy deep recession will spread. That is intolerable. The British and Japanese followed suit with rate cuts and what has happened in the market is a retracement of half of january gains. We are at a critical point. Greenspan speaks to congress tuesday. Rate cut news should start to overtake bad results news over the course of next week imo. Mike

PS LSI trades up every day early and ends down. Is there any new news on this stock?