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


To: uu who wrote (7621)11/3/1997 7:12:00 PM
From: Mang Cheng  Respond to of 25814
 
Murphy likes LSI :

"Wall Street Jitters Give Investors Great Opportunity to Buy Battered Tech Stocks, Murphy Tells Forum"

biz.yahoo.com

Mang



To: uu who wrote (7621)11/3/1997 7:52:00 PM
From: Duane L. Olson  Read Replies (1) | Respond to of 25814
 
Hi Addi, good to hear from you!
//OT// As you may know, Shane has been following ASND for quite some time, and has a good feeling for the company's prospects. So I think you should ask his opinion. ASND is not one of the stocks I have followed as closely, so permit me to check it out a bit and get back to you. There should be some good prospects for tech stock investments again, especially from the December lows. Let's discuss some of them over the next couple of weeks.. Later, O SLB! dlo



To: uu who wrote (7621)11/3/1997 9:28:00 PM
From: Duane L. Olson  Read Replies (1) | Respond to of 25814
 
Addi, //OT// ASND
Old buddy, it is hard for me to see the positive in ASND for the next several months. The fundamentals are getting worse, and the chart pattern doesn't indicate any near-term recovery. Brokerage house support is also falling. My opinion is that ASND will be quite volatile through year end, and that it is unlikely to have any sustained recovery in that time frame. And it appears there is a significant possibility of still further declines. So, IMHO, Addi, the Risk/Reward ratio is not favorable for ASND. If I were holding the stock, I would be taking some action to cover myself (selling covered calls, purchasing puts, or selling the stock). I can understand why you are concerned. Good luck on your decision...and please let me know what you decide to do.... Also please get additional advice -- professional, if possible. You have a large investment here, and there seems to be no good answer for you.
Again, good luck.. dlo