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


To: Duane L. Olson who wrote (7711)11/8/1997 4:25:00 PM
From: Haim R. Branisteanu  Read Replies (3) | Respond to of 25814
 
Duane, may be you should buy "Barrons" this week there is an interesting comment on LSI, if and wen the chip market will turn. (page 28)

LSI may gat a boost from this article.

As a hedged investment strategy, sell Dec 25 call for $1 and with the proceeds by Jan 20 Put. Downside risk, 10% upside potential is not limited as you always can buy the Jan 25 call, if the stock starts moving upwards with $0.75 loss. Jan calls are 1 9/16 to 1 13/16

Happy Trading
Haim