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


To: E. Graphs who wrote (7452)10/27/1997 2:47:00 PM
From: shane forbes  Read Replies (2) | Respond to of 25814
 
Hi E! I'm glad I'm in good company (I dumped 50% today). If I didn't I'd be mopping floors starting this evening - another one of the would be dudes who lost the margin game. But good lucky - just in time! Some of the declines between when I sold at the open this morning and now are downright cruel. Some down as much as 15% in a few hours and they have nothing to do with SEA.

Saw a note about futures selling (that's the evil word as far as I'm concerned - reminds me of the '87 thing).

Anyway I'm resting for awhile. There will be better days to fish at the pier - me thinks.

The poor LSI woof-woof whimpered under 21 for a spell today. Yikes.

---

E I don't see any buying interest whatsoever. Do you?



To: E. Graphs who wrote (7452)10/27/1997 3:04:00 PM
From: DavidG  Read Replies (2) | Respond to of 25814
 
E! or anyone

Is there any trading on Instinet. I show some stocks trading around 2:45PM such as MSFT and INTC.

Davidg

PS: Nice move this morning Shane!



To: E. Graphs who wrote (7452)10/27/1997 7:18:00 PM
From: DavidG  Read Replies (2) | Respond to of 25814
 
E!

<< Helwp, helwp! Make the bad market stawp! >>

Looking for a little different comment on LSI. <G>

There was a nice pop at the opening for LSI...actually hit 23 13/16 while the overall market was dropping. Finally it was too much for any stock to hang on and then LSI plunged.

I have the opinion that LSI might have been in there buying some of their own stock back. Any thoughts. Of course there was some good news out on the stock also which may also have helped, but leaning more towards buyback.

DavidG