Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: sea_biscuit who wrote (25541)	2/7/2003 1:02:21 PM
From: Andy M.	Read Replies (2) \| Respond to of 25814

I do think this war situation is spring-loading the market a fair amount and the market can bounce up fairly quickly and significantly on a bit of good news--witness LSI's bounce on the moderately positive employment report this morning even with the geopolitical overhang. That evaporated quickly, of course, which is why I am happy to take 5 or 10% and go back to the sidelines. If LSI were to drop five-10 percent from here right now, in the absence of fresh news, I probably wouldn't sell, as I think 3.65 to 3.85 is a pretty irresistible entry point for this stock, one many traders have been waiting for for years. Andy