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


To: shane forbes who wrote (7495)10/28/1997 12:38:00 PM
From: DavidG  Read Replies (3) | Respond to of 25814
 
Shane,

I was lucky to get 20 LSIAE options at opening in my IRA. Was planning to sell LSI equties at limit and could not fill. Had to take market orders and got burned a little on some orders. Sold LSI at 20 3/4 to 21 3/4.

In my regular account could not fill on any options so never did anything. Market moved too fast. I am just trying to play catch up.

You still made the best move yesterday getting out at open. Not sure what LSI will do but expect maybe up for couple of days so investors and those who want to get out(including myself up to 23) will do so... dropping LSI again. Maybe LSI at 19 to 20 is good support (23 showing n/t resistance). I think we need a double bottom before LSI moves up for good. Need E! for some confirmation.

Good Luck Trading

DavidG



To: shane forbes who wrote (7495)10/28/1997 1:32:00 PM
From: gregor  Read Replies (1) | Respond to of 25814
 
Shane:

I couldn't get through also. Finally did and the order sat unfilled for an hour. Did buy some NMGC today. I strongly recommend. Opened @ 14 low for the day 13 1/2 I bought @ 16 finally.

This stock came out IPO in March @ 12 went into the 20's and today you can buy @ 16..I have rarely been as bullish on one like this one. This is my best pick in ages..yr to yr 6 month results like 9 to 40 + million, 55 mil cash and they actually make money..beat ests by 60 %, next results Nov 10..............BUY IT gregor



To: shane forbes who wrote (7495)10/28/1997 1:40:00 PM
From: Serge Collins  Read Replies (2) | Respond to of 25814
 
Shane; It seems that many small investors had the same problem--busy lines. Only the big boys got to take advantage of this bounce. The question is--Is this a replay of the summer of 1996 or a sucker's rally?



To: shane forbes who wrote (7495)10/28/1997 2:39:00 PM
From: Mark The Trader  Read Replies (2) | Respond to of 25814
 
Fahnstock just raised the rating on LSI to a buy from a hold, 12 month
target is $33.

Mark

PS - now everyone read this so we dont have 10 posts about the upgrade
:-]