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


To: shane forbes who wrote (7766)11/13/1997 12:03:00 AM
From: RFF  Read Replies (1) | Respond to of 25814
 
Shane,

Is that growth in terms of unit volume or dollar volume?

I also noticed that LSI was doing extremely well for most of the day. Even up fractionally for awhile. Looks like there's some buying interest coming into the stock - only took a 60% fall to get people interested!

Market makers are looking for a bargain hunters rally tomorrow - especially in the tech sector. With that kind of consensus, it usually means were headed down further. I guess we'll get a pop up in the morning with no follow through. If it does hold, bet we'll give it back by the end of the week.

Japan sold of pretty hard in the morning, but rallied back by mid-afternoon - posting some pretty good gains at the moment. Hong Kong is also rallying - up more than 2% right now. Maybe we will see a positive close tomorrow.

Another factor is Greenspan's testimony tomorrow. They said he is not going to use a prepared speech and is willing to answer any questions asked. Should be interesting!

Good luck.

RFF



To: shane forbes who wrote (7766)11/13/1997 8:45:00 PM
From: Doug  Respond to of 25814
 
Hi Shane: Another proof of the global overcapacity. The only hope is Leap frog technology that makes everyone redundant.